U.S. Movers: Dollar General, DocuSign, Ulta Beauty

Scott Peters
14 Mar, 2025
New York City

Dollar General Corp. surged 7.2% to $80.26 after the discount store operator reported higher sales in the fiscal fourth quarter ending in January.

Net sales increased 4.5% to $10.30 billion from $9.86 billion, net income declined 52.4% to $191.21 million from $401.81 million, and diluted earnings per share edged down 52.5% to 87 cents from $1.83 a year ago.

Same-store sales increased 1.2% in the quarter and were up 1.4% for the full year.

The company plans to close 96 Dollar General stores and 45 Popshelf stores in the first quarter of fiscal 2025.

The company proposed a quarterly cash dividend of 59 cents per share, payable on or before April 22 to shareholders on record as of April 8.

The discount retailer guided for the fiscal 2025 net sales growth between 3.4% and 4.4%, up from $40.61 billion in 2024, and diluted earnings per share between $5.10 and $5.80, compared to $5.11 a year ago.

Same-store sales are expected to increase between 1.2% and 2.2%, and capital expenditures are estimated to be between $1.3 billion and $1.4 billion in 2025, or 3% of net sales.

The company plans to open approximately 575 new stores in the U.S. and up to 15 new stores in Mexico.

Over the last five years, Dollar General has struggled, and the company's stock is trading at the levels last seen in late 2017. 

Ulta Beauty Inc. surged 6.5% to $335.0 after the cosmetics store retailer reported increased comparable sales in the fourth quarter of 2024.

Net sales dropped 1.9% to $3.49 billion from $3.55 billion, net income edged down to $393.27 million from $394.37 million, and diluted earnings per share rose to $8.46 from $8.08 a year ago.

Comparable sales jumped 1.5% in the quarter and were up 0.7% in the full year.

The company opened nine new stores, remodeled five stores, and closed one store during the quarter.

During the year, the company opened 66 new stores, relocated two stores, remodeled 41 stores, and closed six stores.

Ulta Beauty repurchased 620,053 shares for $249.5 million in the quarter and 2.5 million shares for $1.0 billion during the year.

After the repurchases, the company has $2.7 billion remaining available under the $3.0 billion authorization announced in October 2024.

The cosmetics retailer guided for fiscal 2025 net sales to be between $11.5 billion and $11.6 billion, up from $11.29 billion a year ago, and diluted earnings per share between $22.50 and $22.90, down from $25.34 in 2024.

The company plans to open approximately 60 new stores in 2025.

DocuSign Inc. surged 11.6% to $83.40 after the e-signature development company reported increased revenue in the fiscal fourth quarter of 2025 ending in January.

Revenue jumped to $776.25 million from $712.39 million, net income surged to $83.49 million from $27.24 million, and diluted earnings per share rose to 39 cents from 13 cents a year ago.

The company completed stock repurchases for $161.7 million in the quarter and $683.5 million in the full year, compared to $145.5 million in 2024.

DocuSign guided for the first quarter revenue to be between $745 million and $749 million, up from $709.6 million in the same period in fiscal 2025.

For the full year, revenue is estimated to be between $3.13 billion and $3.14 billion, up from $2.98 billion a year ago.