Dollar General (DG) Revenue — Quarter Ended May 5, 2023
Revenue for the quarter decreased compared to the immediately preceding quarter. On a year-over-year basis, revenue was higher than the same quarter one year earlier.
Key takeaway
Quarter ended May 5, 2023 · FY2023 Q1
Revenue for the quarter decreased compared to the immediately preceding quarter. On a year-over-year basis, revenue was higher than the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.3B
Revenue reported for this quarter.
Quarter-over-quarter
-8.4%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$38.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 29, 2022 | $9.4B | +9.0% |
| Oct 28, 2022 | $9.5B | +11.1% |
| Feb 3, 2023 | $10.2B | +17.9% |
| May 5, 2023 | $9.3B | +6.8% |
Revenue performance
The reported revenue declined from the prior quarter, ending a streak of sequential increases seen in earlier periods. The year-ago comparison remained positive.
Quarterly comparison
Compared with the immediately preceding quarter, revenue reversed direction and fell. Relative to the same quarter one year prior, revenue continued to rise, though at a slower pace than in recent quarters.
What to watch
Revenue contracted sequentially after multiple quarters of growth, suggesting a possible shift in consumer demand or seasonal patterns.