Revenue: As of FY2027 Q2, the actual value is USD 11.29 B, beating the estimate of USD 11.19 B.

EPS: As of FY2027 Q2, the actual value is USD 2.48, beating the estimate of USD 2.0077.

EBIT: As of FY2027 Q2, the actual value is USD 769.16 M.

Second Quarter Fiscal Year 2026 Performance

Dollar General Corporation reported net sales of $11.3 billion for the second quarter of fiscal year 2026, an increase of 5.2% compared to $10.7 billion in the second quarter of fiscal year 2025. Same-store sales increased by 3.5%, driven by a 2.0% increase in customer traffic and a 1.5% increase in average transaction amount.

Segment Revenue

• Consumables: Sales increased by 5.0% to $9,263,012 thousand in Q2 2026, from $8,819,919 thousand in Q2 2025.
• Seasonal: Sales increased by 7.4% to $1,187,704 thousand in Q2 2026, from $1,106,059 thousand in Q2 2025.
• Home products: Sales increased by 4.8% to $536,574 thousand in Q2 2026, from $511,842 thousand in Q2 2025.
• Apparel: Sales increased by 4.5% to $303,090 thousand in Q2 2026, from $289,917 thousand in Q2 2025.

Operational Metrics

Gross profit as a percentage of net sales was 32.6% in Q2 2026, up 127 basis points from 31.3% in Q2 2025, primarily due to tariff refunds, a lower LIFO provision, and lower distribution costs, partially offset by increased markdowns and transportation costs. The estimated gross margin benefit from tariff refunds (after related reinvestments) was approximately 81 basis points. Selling, General and Administrative Expenses (SG&A) remained flat year-over-year at 25.8% of net sales. Operating profit increased by 29.2% to $769.2 million in Q2 2026, compared to $595.4 million in Q2 2025. The operating margin benefit from tariff refunds (after related reinvestments) was estimated at approximately 66 basis points. Net interest expense decreased by 25.7% to $42.9 million in Q2 2026 from $57.7 million in Q2 2025. The effective income tax rate for Q2 2026 was 24.2%, up from 23.5% in Q2 2025. Net income was $550.3 million, an increase of 33.8% from $411.4 million in Q2 2025.

Cash Flow

Year-to-date cash flow from operations for the 26 weeks ended July 31, 2026, was $1,496,705 thousand, compared to $1,814,855 thousand for the same period in 2025. Purchases of property and equipment (investing activities) for the 26 weeks ended July 31, 2026, totaled - $758,450 thousand, compared to - $693,918 thousand for the same period in 2025.

Unique Metrics

Merchandise inventories at cost were $6.6 billion as of July 31, 2026, representing a 2.7% decrease on an average per-store basis compared to August 1, 2025. Capital expenditures for the 26-week period ended July 31, 2026, totaled $758 million, including $414 million for store improvements, $168 million for distribution and transportation projects, $133 million for new store facilities, and $31 million for information systems. During Q2 2026, Dollar General Corporation opened 125 new stores in the United States and one in Mexico, remodeled 665 stores through Project Renovate, and 711 stores through Project Elevate. The Board of Directors declared a quarterly cash dividend of $0.59 per share. The company has a remaining authorization of $1.4 billion for future share repurchases at the end of Q2 2026 and intends to repurchase shares in the second half of fiscal year 2026.

Fiscal Year 2026 Financial Guidance and Store Growth Outlook

Dollar General Corporation has raised its financial guidance for fiscal year 2026, now expecting net sales growth in the range of approximately 4.0% to 4.3% and same-store sales growth between approximately 2.5% to 2.9%. Diluted EPS is projected to be in the range of approximately $7.80 to $8.00, including an estimated benefit from tariff refunds of about $0.25 in Q2 2026. The company continues to anticipate capital expenditures between $1.4 billion and $1.5 billion and plans to execute approximately 4,730 real estate projects, including opening 450 new stores in the U.S. and 10 in Mexico, and remodeling 4,250 stores.