Dollar General Corporation (NYSE:DG) stock fell on Tuesday after the company reported first-quarter fiscal 2026 results and updated fiscal 2026 guidance.

The discount retailer posted net sales of $10.79 billion, slightly below the consensus estimate of $10.82 billion.

The sales increase of 3.4% was driven by positive sales contributions from new stores and growth in same-store sales, partially offset by the impact of store closures.

Same-Store Sales Rise On Higher Traffic And Transaction Growth

Same-store sales increased 2.0% compared to the first quarter of 2025, reflecting increases of 1.4% in customer traffic and 0.5% in average transaction amount, including growth in each of the consumables, seasonal, apparel, and home products categories.

"We are pleased with our first-quarter EPS performance, which exceeded our expectations as strong operating margin expansion more than offset the impact of severe winter weather and higher fuel costs," said Todd Vasos, Dollar General's chief executive officer. "Our topline results were highlighted by positive customer traffic and balanced ...