Dollar General Stock Jumps on Beat Earnings, Raised Outlook | JQJO

Dollar General's stock surged over 10% after exceeding first-quarter expectations, reporting $1.78 EPS versus the anticipated $1.48 and $10.44 billion revenue against the projected $10.31 billion. The company raised its full-year outlook, citing increased sales from middle- and higher-income shoppers seeking value amid tariff concerns. CEO Todd Vasos attributed this to successful cost-cutting measures and reduced reliance on Chinese imports. Despite a slight dip in customer traffic, higher average transaction amounts boosted sales. Dollar General also highlighted improvements in workplace safety and customer experience.