US Stock Market Move | Dollar General Corporation (DG.US) rose by 8%. Third-quarter earnings exceeded expectations and performance guidance was raised.

On Thursday, Dollar General Corporation (DG.US) rose 8% to $118.73. The company's third-quarter earnings exceeded expectations and raised its annual profit forecast. According to data collected by LSEG, EPS for Q3 was $1.28, a 44% increase year-on-year, compared to analysts' expectations of $0.95. Q3 net sales were $10.65 billion, slightly higher than the expected $10.64 billion. Looking ahead, Dollar General Corporation expects EPS for the 2025 fiscal year to be between $6.30 and $6.50, higher than the market's expectation of $6.14, and up from the previous guidance of $5.80 to $6.30; it anticipates same-store sales to grow by 2.5% to 2.7% year-on-year, compared to the previous guidance of 2.1% to 2.6%; and expects net sales to increase by 4.7% to 4.9%, up from the previous guidance of 4.3% to 4.8%.