Dollar General Corp. (DG) reported first quarter adjusted EPS of $0.71 Tuesday morning, up from $0.63 a year ago. The consensus estimate was for EPS of $0.71. The company reduced its full year 2013 adjusted EPS forecast to between $3.15 and $3.22, from prior expectations of $3.15 to $3.30. The consensus estimate is for EPS of $3.28.
Dollar General gapped open sharply lower Tuesday and fell below the session's range going into the close. The stock closed down by 4.91 at $48.64 on above average volume. Dollar General dropped to over a 2-month low and fell below its 50 and 200-day moving averages.
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