– The discount retailer earned $3.21 per share for its latest quarter, compared to a consensus estimate of $2.44 a share. Revenue was also above forecasts. Comparable-store sales were up 18.8%, better than the 14.9% increase anticipated by analysts polled by FactSet. Dollar General also announced a $2 billion increase in its share buyback program. Both Dollar General and rival Dollar General benefited from pandemic-fueled shopping for essentials.
Sanderson saw strong demand for products sold in the retail channel, although it did see volatility in other areas of its business. – Box beat estimates by 6 cents a share, with quarterly profit of 18 cents per share. Revenue came in above forecasts as well. The provider of cloud data storage services also raised its annual revenue forecast, as the jump in people working from home boosts demand. – Williams-Sonoma earned $1.80 per share for its latest quarter, beating the $1.
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