Aug 30 (Reuters) - Dollar General Corp’s quarterly same-store sales topped analysts’ estimates on Thursday as more customers shopped for apparel and groceries at the discount store chain.
Same-store sales rose 3.7 percent in the three months ended Aug. 3, above the 2.83 percent increase estimated by analysts on average, according to Thomson Reuters I/B/E/S.
The company’s net income rose to $407.2 million, or $1.52 per share, from $294.8 million, or $1.08 per share, a year earlier.
Dollar General’s net sales rose to $6.44 billion from $5.83 billion. (Reporting by Aishwarya Venugopal in Bengaluru Editing by Saumyadeb Chakrabarty)