Dollar General Corp. said its normalized net income for the fiscal first quarter ended May 2 came to 72 cents per share, compared with the S&P Capital IQ consensus estimate of 73 cents per share.
EPS climbed year over year from 71 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $223.4 million, a decline from $231.6 million in the prior-year period.
The normalized profit margin declined to 4.9% from 5.5% in the year-earlier period.
Total revenue rose 6.8% year over year to $4.52 billion from $4.23 billion, and total operating expenses grew 7.9% year over year to $4.14 billion from $3.84 billion.
Reported net income increased on an annual basis to $223.4 million, or 72 cents per share, from $219.8 million, or 67 cents per share.