GOODLETTSVILLE, Tenn. (AP) – Dollar General Corp. (DG) on Thursday reported fiscal fourth-quarter net income of $376.2 million.
On a per-share basis, the Goodlettsville, Tennessee-based company said it had profit of $1.30.
The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.27 per share.
The discount retailer posted revenue of $5.29 billion in the period, which matched Street forecasts.
For the year, the company reported profit of $1.17 billion, or $3.95 per share. Revenue was reported as $20.37 billion.
Dollar General shares have climbed nearly 5 percent since the beginning of the year, while the Standard & Poor’s 500 index has declined roughly 3 percent. The stock has risen almost 5 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DG at http://www.zacks.com/ap/DG
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Keywords: Dollar General, Earnings Report