Dollar General Corp. said its normalized net income for the fiscal second quarter ended Aug. 1 amounted to 83 cents per share, compared with the S&P Capital IQ consensus estimate of 83 cents per share.
EPS climbed 8.6% year over year from 77 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $253.7 million, an increase from $250.4 million in the prior-year period.
The normalized profit margin declined to 5.4% from 5.7% in the year-earlier period.
Total revenue grew 7.5% on an annual basis to $4.72 billion from $4.39 billion, and total operating expenses increased 8.1% year over year to $4.30 billion from $3.97 billion.
Reported net income increased year over year to $252.2 million, or 83 cents per share, from $244.2 million, or 75 cents per share.
