Dollar General Corp. Issues FY 2012 Guidance; Revenue Above Analysts' Estimates; Comments On FY 2012 Same Store Sales Guidance

Dollar General Corp. announced that for fiscal 2012, it expects total sales to increase 10% to 11% on a comparable 52-week basis, Same-store sales, based on a comparable 52-week period, are expected to increase 3% to 5%, operating profit (EBIT) is expected to be between $1.60 and $1.65 billion. Diluted Earnings Per Share (EPS) for fiscal 2012, is expected to be approximately $2.65 to $2.75, based on approximately 335 million weighted average diluted shares, which assumes the likely repurchase of the remaining $315 million of common stock under the Company's share repurchase authorization. The Company reported revenue of $ 14. 81 billion in fiscal 2011. According to I/B/E/S estimates analysts' were expecting the Company to report revenue of $15.90 billion, EBIT of $1.64 billion and EPS of $2.71 for fiscal 2012.