Dollar General Shares Surge on Strong Q3 Earnings and Upgraded 2025 Outlook

Dollar General's Q3 net sales rose 4.6% YoY to $10.6 billion, driven by new store openings, renovations, and higher sales at existing locations. The discount chain opened 196 new stores and remodeled 1,175 locations during the quarter. Same-store sales grew by 2.5%. Dollar General's gross margin improved to 29.9%, up from 28.8% in the year-ago period, leading to a 31.5% increase in operating profit to $425.9 million. The company lifted its full-year earnings targets to $6.30 to $6.50 in 2025 and plans to open 450 new stores in the U.S. and 10 in Mexico in 2026.