Dollar General (DG) Earnings: Q2 Fiscal 2026 Results and Next Report Date

The quarter ended July 31, 2026 and Dollar General published the results on August 27, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Dollar General's fiscal year ends on the Friday closest to January 31. Fiscal 2026 ends January 29, 2027, and Q2 fiscal 2026 is the 13 weeks ended July 31, 2026.
• Dollar General estimates that tariff refunds, after related reinvestments, added about $0.25 to Q2 fiscal 2026 diluted EPS. It reports only GAAP EPS.
• Dollar General's release prints figures in thousands. They are shown here in millions.

Source: Dollar General Q2 fiscal 2026 results, August 27, 2026. Also in the Form 10-Q for the quarter ended July 31, 2026. Figures as reported; checked against the release on November 10, 2026.

How Dollar General splits revenue in its own release, under its own labels, for Q2 fiscal 2026 against Q2 fiscal 2025. Indented lines are parts of the line above them.

• Dollar General's Consumables revenue was $9.3 billion in Q2 fiscal 2026, up 5% from $8.8 billion in Q2 fiscal 2025, 82% of total revenue.
• Dollar General's Seasonal revenue was $1.2 billion in Q2 fiscal 2026, up 7% from $1.1 billion in Q2 fiscal 2025, 11% of total revenue.
• Dollar General's Home products revenue was $537 million in Q2 fiscal 2026, up 5% from $512 million in Q2 fiscal 2025, 5% of total revenue.
• Dollar General's Apparel revenue was $303 million in Q2 fiscal 2026, up 5% from $290 million in Q2 fiscal 2025, 3% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q2 fiscal 2026 release, Dollar General said:

“Net sales growth in the range of approximately 4.0% to 4.3%, compared to its previous expectation in the range of 3.7% to 4.2%”

“Same-store sales growth in the range of approximately 2.5% to 2.9%, compared to its previous expectation in the range of 2.2% to 2.7%”

“Diluted EPS in the range of approximately $7.80 to $8.00, compared to its previous expectation in the range of $7.20 to $7.45”

“The Company does not anticipate a material impact to its financial results from tariff refunds, after related reinvestments, in the second half of fiscal 2026.”

Source: Dollar General Q2 fiscal 2026 release, Aug 27, 2026.

This is the company's own guidance as of Aug 27, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the DG forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net sales and diluted EPS, each as first reported in that quarter's release. Dollar General reports only GAAP EPS.

Dollar General's next report is scheduled for December 3, 2026. This page will show Q2 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2026 (this page), reported Aug 27, 2026

Dollar General's net sales rose 5.2% to $11.3 billion in Q2 fiscal 2026, from $10.7 billion a year earlier. The company put the increase down to same-store sales growth and sales from new stores, partly offset by store closures. (Dollar General Q2 fiscal 2026 release, Aug 27, 2026)

Consumables are most of what Dollar General sells: $9,263 million of the $11,290.4 million total in the quarter, up 5.0%. Seasonal sales rose 7.4% to $1,187.7 million, home products 4.8% and apparel 4.5%. For fiscal 2025 consumables were 82.0% of net sales, and the 10-K notes that seasonal and home products typically carry the highest gross margins and consumables the lowest. (Dollar General Q2 fiscal 2026 release, Aug 27, 2026; Dollar General Form 10-K, fiscal 2025, Mar 20, 2026)

Same-store sales rose 3.5%, made up of a 2.0% increase in customer traffic and a 1.5% increase in average transaction amount, with growth in all four categories. Dollar General said it was the fifth consecutive quarter of customer traffic growth. (Dollar General Q2 fiscal 2026 release, Aug 27, 2026)

The store base keeps growing. Dollar General ended the quarter with 21,148 stores against 20,746 a year earlier, and opened 321 stores and closed 66 in the first half. About 80% of its stores are in towns of 20,000 or fewer people, and its two largest suppliers accounted for about 11% and 8% of 2025 purchases. (Dollar General Q2 fiscal 2026 release, Aug 27, 2026; Dollar General Form 10-K, fiscal 2025, Mar 20, 2026)

Dollar General reports only GAAP EPS. Diluted EPS rose 33.3% to $2.48 in Q2 fiscal 2026 from $1.86, and the company estimates that tariff refunds, after related reinvestments, contributed about $0.25 of it. Operating profit rose 29.2% to $769.2 million, with the tariff refunds adding an estimated 66 basis points to operating margin. (Dollar General Q2 fiscal 2026 release, Aug 27, 2026)

Gross margin rose 127 basis points to 32.6%. Dollar General attributed that mainly to tariff refunds (about 81 basis points after reinvestments, mostly through promotional and permanent markdowns), a lower LIFO provision ($16.8 million against $62.3 million) and lower distribution costs, partly offset by more markdowns and higher transportation costs. (Dollar General Q2 fiscal 2026 release, Aug 27, 2026; Dollar General Form 10-Q, Q2 fiscal 2026, Aug 27, 2026)

Net interest expense fell 25.7% to $42.9 million and the effective tax rate rose to 24.2% from 23.5%, which Dollar General put down mainly to expired federal tax credits. Diluted shares were 221,505 thousand against 220,854 thousand; the company bought back no shares in the first half and plans to repurchase in the second half, with $1.4 billion of authorization remaining. (Dollar General Q2 fiscal 2026 release, Aug 27, 2026; Dollar General Form 10-Q, Q2 fiscal 2026, Aug 27, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Dollar General gives fiscal-year guidance in its release. With Q2 fiscal 2026 it raised its outlook to net sales growth of about 4.0% to 4.3% (previously 3.7% to 4.2%), same-store sales growth of about 2.5% to 2.9% (previously 2.2% to 2.7%) and diluted EPS of about $7.80 to $8.00 (previously $7.20 to $7.45). (Dollar General Q2 fiscal 2026 release, Aug 27, 2026)

The EPS range includes the roughly $0.25 tariff-refund benefit from Q2 and assumes an effective tax rate of about 24.5%. Dollar General said it does not expect a material impact from tariff refunds in the second half, and plans share repurchases of up to $700 million and capital expenditures of $1.4 billion to $1.5 billion. (Dollar General Q2 fiscal 2026 release, Aug 27, 2026)

A consensus figure is the average of the models published by the analysts who cover Dollar General, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Dollar General's own release and filings put weight on for Q2 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning DG is on is DG a buy or a sell?, what analysts expect next is on the DG forecast, and what the company does is on the Dollar General (DG) stock page.

Every number on this page can be traced to a document Dollar General published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.