WMT vs. DLTR vs. DG vs. BIG vs. TGT

 

Dollar General (DG) reported earnings on Thur 1 Dec 22 (b/o)

** charts after earnings **

 

Dollar General misses by $0.22, reports revs in-line; guides Q4 EPS below consensus; reaffirms FY23 revs guidance 

• Reports Q3 (Oct) earnings of $2.33 per share, $0.22 worse than the S&P Capital IQ Consensus of $2.55; revenues rose 11.1% year/year to $9.46 bln vs the $9.43 bln S&P Capital IQ Consensus.
• Co issues downside guidance for Q4, sees EPS of $3.15-3.30 vs. $3.67 S&P Capital IQ Consensus.
• Co reaffirms guidance for FY23, sees FY23 revs of +11% yr/yr to ~$38.0 bln vs. $37.92 bln S&P Capital IQ Consensus.
• Color on Q3 and Outlook
  • During the third quarter, the Company experienced unanticipated delays in acquiring additional temporary warehouse space sufficient for its inventory needs, which caused inefficiencies within the Company's internal supply chain. These challenges resulted in higher-than-anticipated supply chain costs, including fees incurred for delays in returning shipping containers, and higher transportation costs caused by the need to service stores from less-than-optimal distribution center alignments.
  • As a result of these greater-than-anticipated gross margin pressures, which co believes are temporary but will continue to a lesser degree through the fourth quarter of 2022, as well as those related to sales mix, inventory shrink and damages, the Company is updating its diluted EPS guidance for the 53-week fiscal year ending February 3, 2023 from that which was issued on August 25, 2022.
  • Additionally, the Company is narrowing its expectations for same-store sales growth and capital expenditures within the previously guided ranges, and is reiterating the remainder of its financial guidance for fiscal year 2022 from that which was issued on August 25, 2022. The Company is also providing guidance for same-store sales growth and diluted EPS for the fourth of quarter of fiscal year 2022.
  • The Company now expects the following:
    • Same-store sales growth of approximately 6% - 7% for the fourth quarter of fiscal year 2022, which would result in growth toward the upper end of its previously expected range of 4.0% - 4.5% for fiscal year 2022

Earnings this week : Nov 28 - Dec 2, 22 (wk 48)

Monday (Nov 28)

• Afternoon: ARWR AZEK

Tuesday (Nov 29)

• Morning: BNS BZUN BILI CRNC HIBB SJR
• Afternoon:  CMP CRWD HPE INTU NTAP WDAY

Wednesday (Nov 30)

• Morning:  DCI FRO HRL BEKE LESL WOOF RY SFL TITN
• Afternoon:  BOX CRDO ESTC FIVE GIII LZB NCNO NTNX OKTA PSTG PVH CRM SMTC SNOW SPLK SNPS VSCO YEXT

Thursday (Dec 1)

• Morning: BMO BIG CM DBI DG KR PDCO SCWX TD
• Afternoon:  AMBA AOUT ASAN CHPT IOT  MRVL PD SMAR PATH ULTA VEEV ZS ZUMZ

Friday (Dec 2)  

• Morning:  CBRL GCO

Dollar General (DG) reported earnings on Thur 29 Aug 19 (b/o)

• Dollar General owns more than 15,000 stores in over 44 states.

** charts after earnings **

 

Dollar General beats by $0.17, beats on revs; raises FY20 EPS, revenue, and comp guidance; Q2 comps +4%;

Reports Q2 (Jul) earnings of $1.74 per share, excluding non-recurring items, $0.17 better than the S&P Capital IQ Consensus of $1.57; revenues rose 8.4% year/year to $6.98 bln vs the $6.89 bln S&P Capital IQ Consensus.

Same-store sales increased 4.0% compared to the second quarter of 2018, driven by increases in both average transaction amount and customer traffic. Same-store sales in the second quarter of 2019 included growth in the consumables, seasonal, and home categories, partially offset by a decline in the apparel category.

Co issues guidance for FY20, sees EPS of $6.45-6.60 from $6.30-6.50, excluding non-recurring items, vs. $6.47 S&P Capital IQ Consensus; sees FY20 revs of +8% from +7% to $27.68 bln vs. $27.52 bln S&P Capital IQ Consensus. Co also sees same-store sales growth in the low-to-mid 3% range, compared to its previous expectation of approximately 2.5% Operating profit growth of approximately 5% to 7%, compared to its previous range of approximately 4% to 6%, which did not include the impact of the Significant Legal Expenses. Same-store sales growth in the low-to-mid 3% range, compared to its previous expectation of approximately 2.5%

The financial guidance includes the anticipated impact of the increased tariff rates on certain products imported from China, which became effective on May 10, 2019, the increase in tariff rates expected to become effective on October 1, 2019, and the additional tariffs expected to become effective on September 1, 2019 and December 15, 2019. The guidance also assumes that the Company can successfully mitigate, absorb, or otherwise offset the impact of these tariffs. The guidance does not contemplate any additional increases in tariff rates, any expansion of additional products subject to tariffs, or any tariff-related impacts to broader consumer spending.

Earnings this week : Aug 26 - 30, 19 (wk 35)

Notable earnings reports:

• Autodesk (NASDAQ:ADSK), J.M. Smucker (NYSE:SJM) and Hewlett Packard Enterprise (NYSE:HPE) on August 27; 
• Box (NYSE:BOX), Five Below (NASDAQ:FIVE), Tiffany (NYSE:TIF), Williams-Sonoma (NYSE:WSM) and H&R Block (NYSE:HRB) on August 28; 
• Abercrombie & Fitch (NYSE:ANF), Best Buy (NYSE:BBY), Dell Technologies (NYSE:DELL), Dollar General (NYSE:DG), Workday (NASDAQ:WDAY), Marvell Technologies (NASDAQ:MRVL) and Dollar Tree (NASDAQ:DLTR) on August 29; 
• Campbell Soup (NYSE:CPB) and JinkoSolar (NYSE:JKS) on August 30.

****

• Tue 8/27 afternoon: ADSK HEI HPE LCI OOMA PAHC PSEC VEEV
• Wed 8/28 morning: BF.B CHS COTY DAKT DY EXPR MOV TIF
• Wed 8/28 afternoon: BOX ESTC FIVE GEF GES HRB MTRX NTNX OKTA OLLI PVH SCVL SMTC SPWH TLYS WSM ZUO
• ---
• Thur 8/29 morning: ANF BBY BURL DBI DG DLTR GMS HAIN MBUU MEI PDCO SAFM SY TD TECD TITN
• Thur 8/29 afternoon: AMBA AOBC COO DELL MRVL ULTA WDAY YEXT
• ------
• Fri 8/30 afternoon: BIG CPB JKS LX

=Dollar General (DG) reported earnings on Thur 30 May 19 (b/o)

Dollar General beats by $0.09, reports revs in-line; reaffirms FY20 EPS, revenue, and comp guidance; Q1 comps +3.8%

• Reports Q1 (Apr) earnings of $1.48 per share, excluding non-recurring items, $0.09 better than the S&P Capital IQ Consensus of $1.39; revenues rose 8.3% year/year to $6.62 bln vs the $6.57 bln S&P Capital IQ Consensus.
• Same-store sales increased 3.8% compared with the first quarter of 2018, due to increases in both average transaction amount and customer traffic. Same-store sales in the first quarter of 2019 included growth in the consumables, seasonal, and home categories, partially offset by declines in the apparel category. 
• Co reaffirms guidance for FY20, sees EPS of $6.30-6.50 vs. $6.41 S&P Capital IQ Consensus; sees FY20 revs of +7% to approximately $27.42 bln vs. $27.47 bln S&P Capital IQ Consensus. Co reaffirms FY19 comp guidance of approximately +2.5%.
• The financial guidance includes the anticipated impact of increased tariff rates on certain products imported from China, which became effective on May 10, 2019. The guidance also assumes that the Company can successfully mitigate, absorb, or otherwise offset the impact of these increased tariff rates. The guidance does not contemplate any additional increases in tariff rates or any expansion of additional products subject to tariffs.

Earnings this week : May 27 - 31, 2019 (wk 22)

Monday (May 27)

• Markets closed for Memorial Day

Tuesday (May 28)

• Morning: AMWD BAH BNS MOMO NIO PLAN
• Afternoon: HEI NXGN RAMP WDAY YY

Wednesday (May 29)

• Morning: ANF BMO BZUN CMCO CPRI DAKT DKS GOOS HLNE HMLP THR WUBA
• Afternoon: DSGX KEYS PANW PVH QADA SMTC TLYS UHAL VEEV VRNT

Thursday (May 30)

• Morning: BITA BURL CSIQ DBI DG DLTR EXPR JILL MOV SAFM SPWH TECD TITN
• Afternoon: COO COST DELL GPS MRVL NTNX OKTA RRGB UBER ULTA VMW WSM YEXT ZS ZUO

Friday (May 31) 

• Morning: BIG GCO

• Workday (NASDAQ:WDAY), Momo (NASDAQ:MOMO), Nio (NYSE:NIO) and YY (NASDAQ:YY) on Mon May 28; 
• Palo Alto Networks (NYSE:PANW), Capri Holdings (NYSE:CPRI), Abercrombie & Fitch (NYSE:ANF) and Dick's Sporting Goods (NYSE:DKS) on May 29; 
• Lululemon (NASDAQ:LULU), Dell (NYSE:DELL), Costco (NASDAQ:COST), Gap (NYSE:GPS), Dollar General (NYSE:DG) and VMware (NYSE:VMW) on May 30; 
• Big Lots (NYSE:BIG) and Build-A-Bear Workshop (NYSE:BBW) on Fri May 31.

=Dollar General (DG) reported earnings on Thur 14 March 19 (b/o)

Dollar General misses by $0.05, reports revs in-line; Q4 comps +4.0%; guides FY20 EPS below consensus, revs below consensus; sees FY20 comps +2.5%; increases share repurchase program by $1 bln; increases quarterly dividend 10% 

• Reports Q4 (Jan) earnings of $1.84 per share, $0.05 worse than the S&P Capital IQ Consensus of $1.89; revenues rose 8.5% year/year to $6.65 bln vs the $6.61 bln S&P Capital IQ Consensus.
• Fourth Quarter Same-Store Sales Increased 4.0%. Gross profit as a percentage of net sales was 31.2% in the fourth quarter of 2018 compared to 32.1% in the fourth quarter of 2017.
• On March 13, 2019, the Company's Board of Directors increased the authorization under the share repurchase program by $1.0 billion.  On March 13, 2019, the Company's Board of Directors declared a quarterly cash dividend of $0.32 per share on the Company's common stock, which is a 10% increase over the prior quarterly dividend.
• Co issues downside guidance for FY20, sees EPS of $6.30-6.50 vs. $6.65 S&P Capital IQ Consensus; sees FY20 revs of +7% to approximately $27.42 bln vs. $27.5 bln S&P Capital IQ Consensus. Same-store sales growth of approximately 2.5%. Capital expenditures in the range of $775 million to $825 million, including those related to investments in the Company's strategic initiatives.

Dollar General (DG) reported earnings on Tue 4 Dec 18 (b/o)

** charts before earnings **

 

** charts after earnings **

Dollar General misses by $0.01, reports revs in-line; lowers FY19 outlook

• Reports Q3 (Oct) earnings of $1.26 per share, including an estimated $0.05 net-negative impact from hurricane-related expenses and greater-than-anticipated other disaster-related expenses, $0.01 worse than the S&P Capital IQ Consensus of $1.27; revenues rose 8.7% year/year to $6.42 bln vs the $6.38 bln S&P Capital IQ Consensus. Same-store sales increased 2.8% from the third quarter of 2017, driven by an increase in average transaction amount and positive results in the consumables, seasonal and home categories, partially offset by sales declines in the apparel category. Customer traffic was essentially flat.
• Co issues guidance for FY19, lowers EPS to $5.85-6.05 from $5.95-6.15 vs. $6.11 S&P Capital IQ Consensus; sees FY19 revs +9% to ~$25.58 bln vs. $25.57 bln S&P Capital IQ Consensus, compared to the previous range of 9% to 9.3%, and expects same-store sales growth to be in the middle of the previous range of mid-to-high two percent.
  The Company expects its fiscal year 2018 operating margin rate to be modestly below the fiscal year 2017 operating margin rate. This compares to the previous guidance of a relatively unchanged operating margin rate in fiscal year 2018 compared with fiscal year 2017. 
• For the 52-week fiscal year ending January 31, 2020, the Company plans to execute ~2,075 real estate projects, including 975 new store openings, 1,000 mature store remodels, and 100 store relocations

Earnings this week : Dec 3 - 7, 18 (wk 49)

Earnings confirmed to report this week

Monday (Dec 3)    

• Morning: FNSR
• Afternoon:  COUP MESA RH SMAR

Tuesday (Dec 4)

• Morning:  AZO AVYA BMO BNED CONN DG DCI GMS HDS MOV SECO TOL
• Afternoon: ESTC GWRE HOME HPE HQY MDB MRVL OLLI  OL ZS

Wednesday (Dec 5)
Markets will be closed for the mourning of the 41st US President George H.W. Bush

• Morning: AEO BF.B GIII JW.A LE MOMO SCWX 
• Afternoon: CLDR FIVE GEF HRB KFY  OKTA SNPS  

Thursday (Dec 6)

• Morning:  DLTH GCO GIII HOME HOV HRB KFY KR LE MEI MIK MOMO PDCO PLCE SCWX SIG THO TTC VRNT
• Afternoon:  AOBC AVGO CMTL COO DOCU DOMO LULU SAIC ULTA UNFI ZUMZ

Friday (Dec 7)

• Morning: BIG MTN

DG — is it a sell?

• Oct. 26: Is it a sell?

• No. Went up another 9% in the following two weeks.

=Dollar General (DG) reported earnings on Thur 31 May 2018 (b/o)

Dollar General misses by $0.03, misses on revs; reaffirms FY19 EPS guidance 

• Reports Q1 (Apr) earnings of $1.36 per share, $0.03 worse than the Capital IQ Consensus of $1.39; revenues rose 9.0% year/year to $6.11 bln vs the $6.18 bln Capital IQ Consensus.  
• Same-store sales increased 2.1% from the first quarter of 2017 due to an increase in average transaction amount, partially offset by a decline in customer traffic. Growth in same-store sales was driven by robust sales of consumables, partially offset by sales declines in the apparel, seasonal and home categories. The Company believes that the effect of unseasonably cold and damp weather on certain product categories negatively impacted same-store sales in the quarter.
• Gross profit as a percentage of net sales was 30.5% in the first quarter of 2018 compared to 30.3% in the first quarter of 2017, an increase of 17 basis points. The first quarter of 2018 gross profit rate increase was primarily attributable to higher initial markups on inventory purchases and an improved rate of inventory shrink. These factors were partially offset by a greater proportion of sales coming from consumables that generally have a lower gross profit rate than other product categories, sales of lower margin products comprising a higher proportion of consumables sales, and increased transportation costs.
• Co reaffirms guidance for FY19, sees EPS of $5.95-6.15 vs. $6.07 Capital IQ Consensus Estimate. Company is reiterating its financial guidance and store growth outlook issued on March 15, 2018. The Company expects net sales to increase approximately 9%, with same-store sales growth estimated to be in the mid-two percent range. The Company expects the fiscal year 2018 operating margin rate to be relatively unchanged as compared to the fiscal year 2017 operating margin rate. 

=Dollar General (DG) reported earnings on Thur 15 March 18 (b/o)

Dollar General reports EPS in-line, misses on revs; guides FY19 EPS above consensus, revs above consensus; Q4 comps +3.3%; increases quarterly dividend 12% to $0.29/share; increases share repurchase by $1 bln 

• Reports Q4 (Jan) earnings of $1.48 per share, excluding non-recurring items, in-linewith the Capital IQ Consensus of $1.48; revenues rose 2.0% year/year to $6.13 bln vs the $6.2 bln Capital IQ Consensus. Q4 same-store sales increased 3.3%
• Co issues upside guidance for FY19, sees EPS of $5.95-6.15, excluding non-recurring items, vs. $5.58 Capital IQ Consensus Estimate; sees FY19 revs of +9% to ~$25.58 bln vs. $25.44 bln Capital IQ Consensus Estimate. FY19 Guidance Details: Company expects net sales to increase approximately nine percent, with same-store sales growth estimated to be in the mid-two percent range. The Company expects the fiscal year 2018 operating margin rate to be relatively unchanged as compared to the fiscal year 2017 operating margin rate.
• The Company expects to continue to use the long-term growth model, which was announced on March 10, 2016, internally to assess and benchmark its results and strategic plans; however, the Company does not intend to discuss externally any guidance or results in the context of the long-term growth model. The Company currently anticipates a cash benefit of approximately $300 million in fiscal 2018 as a result of the TCJA.
• On March 14, 2018, the Company's Board of Directors approved a quarterly cash dividend of $0.29 per share, which is a 12% increase over the prior quarterly dividend, payable on or before April 24, 2018 to shareholders of record of the Company's common stock on April 10, 2018.
• On March 14, 2018, the Company's Board of Directors increased the authorization under the share repurchase program by $1.0 billion. 

=Dollar General (DG) reported earnings on Thur 31 August 2017 (b/o)

Dollar General beats by $0.01, reports revs in-line; same-store sales +2.6%; raises low end of FY18 EPS guidance in-line, reaffirms rev guidance in-line

• Reports Q2 (Jul) earnings of $1.10 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $1.09; revenues rose 8.1% year/year to $5.83 bln vs the $5.8 bln Capital IQ Consensus.
  • Same-Store Sales increased 2.6%.
• Co issues guidancefor FY18, sees EPS of $4.35-4.50 (prior: $4.25-$4.50) vs. $4.48 Capital IQ Consensus Estimate; reaffirms FY18 revs of +5-7% to ~$23.083-23.53 bln vs. $23.36 bln Capital IQ Consensus Estimate.
  • Company continues to forecast fiscal 2017 same-store sales growth of slightly positive to an increase of two percent, the Company currently expects that results will be towards the upper end of such range.
  • Expected capital expenditures for fiscal 2017 remain between $715 million and $765 million.
  • Share repurchases for fiscal 2017 continue to be forecasted at approximately $450 million.
  • For fiscal 2017 the co plans to open ~1,285 new stores, which includes the originally forecasted approximate 1,000 locations plus the net Acquired Stores, in addition to remodeling or relocating 760 stores.
• "I am pleased with our results at this point in the year. For the quarter, same-store sales grew 2.6%, driven by an increase in our average transaction amount and, importantly, positive customer traffic. In a dynamic retail and consumer landscape, we continue to make targeted investments in our business to execute on our focused strategic and operating initiatives which we believe will contribute to sustainable improvement over time," said Todd Vasos, Dollar General's chief executive officer.

=Dollar General (DG) reported earnings on Thur 12/01/16 (b/o)

Dollar General misses Q3 estimates; lowers FY17 EPS guidance:

• Q3 EPS $0.89 (ex-$0.05 charge for store relocation costs and disaster-related expenses) vs. $0.93 CIQ Consensus; rev +5% to $5.32 bln vs. $5.365 bln consensus.
• Same-store sales decreased 0.1% vs. ests near +0.5% from the 2015 third quarter primarily due to a decline in traffic partially offset by an increase in average transaction amount. Same-store sales were driven by positive results in the consumables category offset by negative results in the seasonal, apparel and home products categories. The net sales increase was positively affected by sales from new stores, modestly offset by sales from closed stores.
  • Gross profit, as a percentage of net sales, was 29.8 percent in the 2016 third quarter, a decrease of 49 basis points from the 2015 third quarter. The gross profit rate decrease was primarily attributable to higher markdowns, driven mainly by inventory clearance and promotional activities, a greater proportion of sales of consumables, and increased inventory shrink, partially offset by higher initial inventory markups.
• The Company now forecasts diluted EPS growth for fiscal 2016 to be at the low end of the Company's long-term growth model range of 10-15% (consensus +13% to $4.49). The Company expects the 53rd week to contribute ~200 basis points to its net sales performance and continues to estimate a $0.09 per diluted share impact to EPS.
• "The challenging retail environment that we experienced in the 2016 second quarter continued into the third quarter, contributing to weakness in our same-store sales and our financial performance. In the 2016 third quarter, we invested in gross margin with the goal of driving traffic and sales over time. Many of these actions are gaining traction with our core customers, and we are encouraged by the early results. As expected, the full benefit on our same-store sales will not be immediate. In addition, we saw an acceleration in headwinds from average unit retail price deflation and reductions in SNAP benefits in the 2016 third quarter as compared to the 2016 second quarter. We are focused on efforts to drive traffic in our stores and to control the factors we can control as we look to overcome the issues impacting our results, many of which we believe are macroeconomic and transitory in nature."
• For the 52-week period ending February 2, 2018, the co plans to increase square footage growth by ~7.5% with the opening of ~1,000 new stores in addition to remodeling or relocating 900 stores.
• Peers: DLTR, WMT

=Dollar General (DG) reported earnings on Thur 8/25/16 (b/o)

Dollar General misses by $0.01, misses on revs; guides FY17 EPS below consensus  :

• Reports Q2 (Jul) earnings of $1.08 per share, $0.01 worse than the Capital IQ Consensus of $1.09; revenues rose 5.7% year/year to $5.39 bln vs the $5.5 bln Capital IQ Consensus.
• Co reaffirms guidance for FY17, sees diluted EPS between $3.88-3.93 vs. $4.65 Capital IQ Consensus Estimate.
• Capex for fiscal 2016 are now expected to be in the range of $580 mln to $630 mln to reflect the purchase of 42 Walmart Express stores, compared to the prior forecast of $550 mln to $600 mln.
• On Aug 24, 2016, the Board of Directors authorized an additional $1.0 bln for share repurchases, increasing the total authorization for future repurchases to approximately $1.4 bln.
• "For the second half of the year, we have action plans across both merchandising and store operations intended to drive same-store sales while maintaining strict expense control discipline. Looking ahead, we remain focused on our long-term strategy to invest for growth while also returning cash to shareholders through consistent share repurchases and anticipated quarterly dividends."

=Dollar General (DG) reported earnings Thur 26 May 2016 (b/o)

Dollar General beats by $0.08, reports revs in-line:

• Reports Q1 (Apr) earnings of $1.03 per share, $0.08 better than the Capital IQ Consensus of $0.95; revenues rose 7.0% year/year to $5.27 bln vs the $5.28 bln Capital IQ Consensus.
• Same-store sales in the 2016 first quarter increased 2.2% over the 2015 first quarter resulting from increases in both customer traffic and average transaction amount.
  • Same-store sales increases were driven by positive results in both the consumables category and certain of the non-consumables categories, with sales of consumable merchandise outpacing sales of non-consumable merchandise.
  • Within the non-consumables categories, growth in same-store sales was due to seasonal and home products.
  • The net sales increase also was positively affected by sales from new stores, partially offset by sales from closed stores.

=Dollar General (DG) reported earnings on Thur 10 March 2016 (b/o)

Dollar General beats by $0.04, reports revs in-line; sees FY16 growth at high end of targets; raises dividend :

• Reports Q4 (Jan) earnings of $1.30 per share, $0.04 better than the Capital IQ Consensus of $1.26; revenues rose 7.0% year/year to $5.29 bln vs the $5.28 bln Capital IQ Consensus.
  • Fourth Quarter Same-Store Sales Increased 2.2%
• On March 8, 2016, the Board of Directors approved an increase of 14 percent in its regular quarterly cash dividend to shareholders. The first quarter dividend of $0.25 per share will be payable on April 12, 2016 to shareholders of record of the Company's common stock on March 29, 2016.
• Provides annual growth targets: Net sales annual target of +7%-10%, Same-store sales +2%-4%, EPS +10-15%.
• Including the impact of the 53rd week, the company expects its fiscal 2016 net sales and diluted EPS results to be at the high end of the ranges outlined in the growth model above. Same-store sales growth for fiscal 2016 is forecasted to be near the middle of the range as outlined in the growth model above. Consensus for FY16 is for sales growth of 8% and EPS growth of 13%. 

=Dollar General (DG) reported earnings Thur 3 Dec 2015 (before open)

** charts before earnings **




** charts after earnings **

Dollar General beats by $0.01, reports revs in-line; narrows FY16 EPS; lowers sales, comp guidance; promotes John Garrat to CFO; adds $1 bln to buyback :

• Reports Q3 (Oct) earnings of $0.88 per share, excluding non-recurring items,$0.01 better than the Capital IQ Consensus of $0.87; revenues rose 7.3% year/year to $5.07 bln vs the $5.09 bln Capital IQ Consensus. 
  • Same-store sales increased 2.3% compared to the 2014 third quarter, with increases in both customer traffic and average transaction value. The remainder of the sales increase was attributable to sales from new stores, partially offset by sales from closed stores. All merchandise categories delivered positive same-store sales growth. Sales of consumables increased at a higher rate than sales of non-consumables in the 2015 third quarter, with the more significant growth driven by candy and snacks, tobacco products and perishables. The most significant growth within the non-consumables category was due to sundries, housewares, and hardware, with ladies clothing exhibiting strong growth as well.
• Co issues in-line guidance for FY16, sees EPS of $3.88-3.93, excluding non-recurring items, vs. $3.92 Capital IQ Consensus Estimate; sees FY16 revs +8% (from +8-9%) to ~$20.42 bln vs. $20.42 bln Capital IQ Consensus; comps +2.5-2.8% from +3-3.5%.  
• Co announced the promotion of John W. Garratt to executive vice president and chief financial officer, effective December 2, 2015. Garratt has served as Dollar General's interim CFO since June 2015 and previously served as its senior vice president of finance and strategy since joining the Company in October 2014. Additionally, Anita C. Elliott, senior vice president and controller at Dollar General since 2005, has been appointed chief accounting officer (:CAO).
• Co's Board of Directors authorized an additional $1.0 billion for share repurchases, increasing the total authorization for future repurchases to $1.2 billion. The authorization has no expiration date.