Dollar General Corporation (DG)

Dollar General Tops Earnings Forecasts and Raises Full-Year Profit Outlook (DG)June 2, 2026 9:48 AM
IH Market News Dollar General Corporation (NYSE:DG) traded about 3.3% higher in premarket activity on Tuesday after reporting first-quarter results that exceeded profit expectations and lifting its earnings guidance for the full fiscal year. The discount retailer delivered stronger-than-anticipated profitability despite facing weather-related disruptions and elevated transportation costs during the quarter. Earnings Beat Driven by Margin Improvement Dollar General posted adjusted earnings of $2.00 per share for the first quarter, surpassing analyst estimates of $1.90 by $0.10. Revenue reached $10.8 billion, slightly below the consensus forecast of $10.82 billion, but still represented a 3.4% increase from the $10.4 billion generated in the same period of fiscal 2025. While sales came in just under expectations, investors focused on the company’s stronger profit performance and improving margins. Operating Profit Advances Double Digits Operating income rose 10.8% year-over-year to $638.5 million, supported by stronger profitability across the business. The company said operating margin expansion more than offset the impact of severe winter weather conditions and higher fuel expenses during the quarter. Gross profit margin improved by 65 basis points to 31.6%, benefiting from higher inventory markups as well as lower levels of shrink and inventory-related damage. The margin gains played a key role in driving the earnings outperformance. Comparable Sales Continue to Grow Same-store sales increased 2.0% compared with the prior-year period. Customer traffic rose 1.4%, while average transaction values increased 0.5%, indicating growth from both shopper visits and spending levels. The performance suggests that Dollar General continues to attract value-focused consumers despite a challenging retail environment. Management Pleased With Quarterly Performance Chief Executive Officer Todd Vasos highlighted the company’s ability to expand margins while navigating external pressures. “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. Management pointed to disciplined execution and operational improvements as key contributors to the stronger-than-expected results. Company Raises Earnings Guidance Following the solid start to the year, Dollar General increased its adjusted earnings outlook for fiscal 2026. The company now expects adjusted EPS to range between $7.20 and $7.45, compared with its previous forecast of $7.10 to $7.35. The midpoint of the new guidance, $7.33 per share, sits above analyst expectations of $7.25. Sales Forecast Remains Unchanged While earnings guidance was raised, Dollar General maintained its existing sales outlook for the year. The retailer continues to expect net sales growth of 3.7% to 4.2% and same-store sales growth of 2.2% to 2.7% during fiscal 2026. Management’s decision to leave revenue projections unchanged while increasing profit expectations reflects confidence in ongoing operational efficiencies and margin improvement initiatives. Quarterly Dividend Declared The company also announced a quarterly cash dividend of $0.59 per share. The dividend is scheduled to be paid on or before July 21, 2026, providing an additional return to shareholders. With stronger profitability, expanding margins and an upgraded earnings forecast, Dollar General delivered a positive update that helped lift investor sentiment despite revenue coming in slightly below consensus estimates. Dollar General stock price Original: Dollar General Tops Earnings Forecasts and Raises Full-Year Profit Outlook (DG)

Dollar General Corporation Reports First Quarter 2026 ResultsJune 2, 2026 6:50 AM
Business Wire Updates Financial Guidance for Fiscal Year 2026 Dollar General Corporation (NYSE: DG) today reported financial results for its first quarter (13 weeks) ended May 1, 2026. First Quarter Fiscal Year 2026 Highlights Net Sales Increased 3.4% to $10.8 Billion Same-Store Sales Increased 2.0% Operating Profit Increased 10.8% to $638.5 Million Diluted Earnings Per Share (“EPS”) Increased 12.4% to $2.00 Cash Flow From Operations of $716.2 Million Board of Directors Declares Quarterly Cash Dividend of $0.59 per share “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 category growth, while continued progress on our key initiatives drove another quarter of strong operating profit growth.” “These results reflect the great work of our team, and I want to thank our store, supply chain, and support center associates for their continued dedication to serving our customers with value and convenience. Looking ahead, we believe the essential nature of our offering and our expansive footprint position us well to navigate the current macroeconomic environment. Overall, we remain confident in our ability to deliver on the goals outlined in our long-term financial framework, while creating sustainable long-term shareholder value.” First Quarter Fiscal 2026 Year Overview Net sales increased 3.4% to $10.8 billion in the first quarter of fiscal 2026 compared to $10.4 billion in the first quarter of fiscal 2025. The net sales increase 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 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. Same-store sales in the first quarter of fiscal 2026 included growth in each of the consumables, seasonal, apparel, and home products categories. Gross profit as a percentage of net sales was 31.6% in the first quarter of fiscal 2026 compared to 31.0% in the first quarter of fiscal 2025, an increase of 65 basis points. This gross profit rate increase was driven primarily by higher inventory markups, and lower shrink and inventory damages; partially offset by increased markdowns and transportation costs. Selling, General and Administrative Expenses (“SG&A”) as a percentage of net sales were 25.7% in the first quarter of fiscal 2026 compared to 25.4% in the first quarter of fiscal 2025, an increase of 25 basis points. The primary expenses that were higher as a percentage of net sales in the first quarter of 2026 were depreciation and amortization, utilities, and property taxes; partially offset by lower incentive compensation. Operating profit for the first quarter of fiscal 2026 increased 10.8% to $638.5 million compared to $576.1 million in the first quarter of fiscal 2025. Net interest expense for the first quarter of fiscal 2026 decreased 26.9% to $47.2 million compared to $64.6 million in the first quarter of fiscal 2025. The effective income tax rate in the first quarter of fiscal 2026 was 24.9% compared to 23.4% in the first quarter of fiscal 2025. This higher effective income tax rate was primarily due to expired federal tax credits, partially offset by decreased expense from stock-based compensation. The Company reported net income of $444.1 million for the first quarter of fiscal 2026, an increase of 13.3% compared to $391.9 million in the first quarter of fiscal 2025. Diluted EPS increased 12.4% to $2.00 for the first quarter of fiscal 2026 compared to diluted EPS of $1.78 in the first quarter of fiscal 2025. Merchandise Inventories As of May 1, 2026, total merchandise inventories, at cost, were $6.6 billion compared to $6.6 billion as of May 2, 2025, a decrease of 1.6% on an average per-store basis. Capital Expenditures Total additions to property and equipment in the first quarter of 2026 were $352 million, including approximately: $203 million for improvements, upgrades, remodels and relocations of existing stores; $73 million related to store facilities, primarily for leasehold improvements, fixtures and equipment in new stores; $62 million for distribution and transportation-related projects; and $12 million for information systems upgrades and technology-related projects. During the first quarter of 2026, the Company opened 190 new stores in the United States and 5 new stores in Mexico, remodeled 659 stores through Project Renovate and 711 stores through Project Elevate, and relocated 6 stores. Dividend On June 1, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0.59 per share on the Company’s common stock, payable on or before July 21, 2026 to shareholders of record on July 7, 2026. While the Board of Directors currently intends to continue regular cash dividends, the declaration and amount of future dividends are subject to the sole discretion of the Board and will depend upon, among other things, the Company’s results of operations, cash requirements, financial condition, contractual restrictions, excess debt capacity, and other factors the Board may deem relevant in its sole discretion. Fiscal Year 2026 Financial Guidance and Store Growth Outlook The Company is updating its financial guidance to reflect its first quarter results and its outlook for the remainder of the year. The Company continues to expect the following for fiscal year ending January 29, 2027 (“fiscal 2026”): Net sales growth in the range of approximately 3.7% to 4.2% Same-store sales growth in the range of approximately 2.2% to 2.7% Capital expenditures, including those related to investments in the Company’s strategic initiatives, in the range of $1.4 billion to $1.5 billion The Company now expects the following for fiscal 2026: Diluted EPS in the range of approximately $7.20 to $7.45, compared to its previous expectation in the range of $7.10 to $7.35 Diluted EPS guidance assumes an effective tax rate of approximately 24.5%, compared to the previous assumption of approximately 25% The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026, including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores. The Company’s financial guidance assumes no share repurchases in fiscal 2026 and does not include any potential impact from tariff refund payments. Conference Call Information The Company will hold a conference call on June 2, 2026 at 8:00 a.m. CT/9:00 a.m. ET, hosted by Todd Vasos, chief executive officer, and Donny Lau, chief financial officer. To participate via telephone, please call (877) 407-0890 at least 10 minutes before the conference call is scheduled to begin. The conference ID is 13760155. There will also be a live webcast of the call available at https://investor.dollargeneral.com under “News & Events, Events & Presentations.” A replay of the conference call will be available through June 30, 2026, and will be accessible via webcast replay or by calling (877) 660-6853. The conference ID for the telephonic replay is 13760155. Forward-Looking Statements This press release contains forward-looking information within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act. Forward-looking statements include those regarding the Company’s outlook, strategy, initiatives, plans, intentions or beliefs, including, but not limited to, statements made within the quotation of Mr. Vasos, and in the sections entitled “Dividend” and “Fiscal Year 2026 Financial Guidance and Store Growth Outlook.” A reader can identify forward-looking statements because they are not limited to historical fact or they use words such as “accelerate,” “aim,” “anticipate,” “assume,” “believe,” “beyond,” “can,” “committed,” “confident,” “continue,” “could,” “drive,” “estimate,” “expect,” “focus on,” “forecast,” “future,” “goal,” “guidance,” “intend,” “investments,” “likely,” “long-term,” “looking ahead,” “look to,” “may,” “model,” “moving toward,” “near-term,” “ongoing,” “opportunities,” “outcome,” “outlook,” “plan,” “position,” “potential,” “predict,” “project,” “prospects,” “seek,” “should,” “subject to,” “target,” “uncertain,” “well-positioned,” “will,” “would,” or “years ahead,” and similar expressions that concern the Company’s outlook, long-term financial framework, strategies, plans, initiatives, intentions or beliefs about future occurrences or results. These matters involve risks, uncertainties and other factors that may change at any time and may cause actual results to differ materially from those which the Company expected. Many of these statements are derived from the Company’s operating budgets and forecasts as of the date of this release, which are based on many detailed assumptions and estimates that the Company believes are reasonable. However, it is very difficult to predict the effect of known factors on future results, and the Company cannot anticipate all factors that could affect future results that may be important to an investor. All forward-looking information should be evaluated in the context of these risks, uncertainties and other factors. Important factors that could cause actual results to differ materially from the expectations expressed in or implied by such forward-looking statements include, but are not limited to: economic factors, including but not limited to employment levels; inflation (and the Company’s ability to adjust prices sufficiently to offset the effect of inflation); pandemics; higher fuel and energy costs (including those related to the conflict in the Middle East); healthcare, housing and product costs; higher interest rates, consumer debt levels, and tax rates; lack of available credit; tax law changes that negatively affect credits and refunds; decreases in, or elimination of, government assistance programs or subsidies such as unemployment and food/nutrition assistance programs, student loan repayment forgiveness and economic stimulus payments; commodity rates; transportation, lease and insurance costs; wage rates (including the possibility of increased federal, and further increased state and/or local minimum wage rates/salary levels); foreign exchange rate fluctuations; measures that create barriers to or increase the costs of international trade (including sustained higher import duties or tariffs on both products that we sell and those that we use in our business); the dynamic and uncertain tariff environment (including its impact on our profitability and on our customers’ response to price increases, as well as the uncertainty regarding the exact timing and amount of any tariff refund payments); and changes in laws and regulations and their effect on, as applicable, customer spending, confidence and disposable income, the Company’s ability to execute its strategies and initiatives, the Company’s cost of goods sold, the Company’s SG&A expenses (including real estate and building costs), and the Company’s sales and profitability; failure to achieve or sustain the Company’s strategies, initiatives and investments, including those relating to merchandising (including those related to non-consumable products), real estate and new store development, mature stores and store remodels (including Project Elevate), international expansion, store formats and concepts, digital, marketing, shrink, damages, sourcing, private brand, inventory management, supply chain, private fleet, store operations, expense reduction, technology, pOpshelf, and DG Media Network; competitive pressures and changes in the competitive environment and the geographic and product markets where the Company operates, including, but not limited to, pricing, promotional activity, expanded availability of mobile, web-based and other digital technologies, effective use of artificial intelligence, and alliances or other business combinations; failure to timely and cost-effectively execute the Company’s real estate projects and timely meet its financial expectations, or to anticipate or successfully address the challenges imposed by the Company’s expansion, including into new countries or domestic markets, states, or urban or suburban areas; levels of inventory shrinkage and damages; failure to successfully manage inventory balances and in-stock levels, as well as to predict customer trends, spending levels, or price sensitivity; failure to maintain the security of the Company’s business, customer, employee or vendor information or to comply with privacy laws, or the Company or one of its vendors falling victim to a cyberattack (which risk is heightened as a result of political uncertainty involving China, the conflict between Russia and Ukraine and the conflict in the Middle East) that prevents the Company from operating all or a portion of its business; damage or interruption to the Company’s information systems as a result of external factors, staffing shortages or challenges in maintaining or updating the Company’s existing technology or developing, implementing or integrating new technology (including artificial intelligence); a significant disruption to the Company’s distribution network, the capacity of the Company’s distribution centers or the timely receipt of inventory; increased fuel or transportation costs (including those related to conflict in the Middle East); issues related to supply chain disruptions or seasonal buying pattern disruptions; or delays in constructing, opening or staffing new distribution centers (including temperature-controlled distribution centers); risks and challenges associated with sourcing merchandise from suppliers, including, but not limited to, those related to international trade (for example, increasing tariffs on imported goods, political uncertainty involving China, disruptive political events such as the conflict between Russia and Ukraine and the conflict in the Middle East, the dynamic and uncertain tariff environment (including the uncertainty regarding the exact timing and amount of any tariff refund payments), and port labor disputes/agreements); natural disasters, unusual weather conditions (whether or not caused by climate change), pandemic outbreaks or other health crises, political or civil unrest, acts of war, violence or terrorism, and disruptive global political events (for example, political uncertainty involving China, the conflict between Russia and Ukraine and the conflict in the Middle East); product liability, product recall or product safety, labeling or other product-related claims; incurrence of material uninsured losses, excessive insurance costs or accident costs; failure to attract, develop and retain qualified employees while controlling labor costs (including the possibility of increased federal, and further increased state and/or local minimum wage rates/salary levels), and other labor issues, including employee expectations and productivity and employee safety issues; loss of key personnel or inability to hire additional qualified personnel, ability to successfully execute management transitions within the Company’s senior leadership, or inability to enforce non-compete agreements that we have in place with management personnel or enter into new non-compete agreements; risks associated with the Company’s private brands, including, but not limited to, the Company’s level of success in improving their gross profit rate at expected levels; failure to protect the Company’s reputation; seasonality of the Company’s business; reliance on third parties in many aspects of the Company’s business; deterioration in market conditions, including market disruptions, adverse conditions in the financial markets including financial institution failures, limited liquidity and interest rate increases, changes in the Company’s credit profile (including the Company’s current increased debt levels or any downgrade to the Company’s credit ratings), compliance with covenants and restrictions under the Company’s debt agreements, and the amount of the Company’s available excess capital; impact of market and other factors on the volatility of the Company’s common stock price; the impact of changes in or noncompliance with governmental regulations and requirements, including, but not limited to, those dealing with the sale of products, including without limitation, product and food safety, marketing, labeling or pricing; information security and privacy; labor and employment; employee wages, salary levels and benefits (including the possibility of increased federal, and further increased state and/or local minimum wage rates/salary levels); health and safety; real property; public accommodations; imports and customs; transportation; intellectual property; bribery and anti-corruption; climate change; and environmental compliance (including any required public disclosures related thereto), as well as tax laws and policies (including those related to the federal, state or foreign corporate tax rate), the interpretation of existing tax laws, the expiration of the Work Opportunity Tax Credit, or the Company’s failure to sustain its reporting positions negatively affecting the Company’s overall effective tax rate, and uncertainty surrounding potential changes to the regulatory environment under the current U.S. administration; developments in or outcomes of private actions, class actions, multi-district litigation, arbitrations, derivative actions, administrative proceedings, regulatory actions or other litigation or of inquiries from federal, state and local agencies, regulatory authorities, attorneys general, committees, subcommittees and members of the U.S. Congress, and other local, state, federal and international governmental authorities; new accounting guidance or changes in the interpretation or application of existing guidance; the factors disclosed under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q; and such other factors as may be discussed or identified in this press release. All forward-looking statements are qualified in their entirety by these and other cautionary statements that the Company makes from time to time in its SEC filings and public communications. The Company cannot assure the reader that it will realize the results or developments the Company anticipates or, even if substantially realized, that they will result in the consequences or affect the Company or its operations in the way the Company expects. Forward-looking statements speak only as of the date made. The Company undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements as a result of new information, future events or circumstances, or otherwise, except as otherwise required by law. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, the Company. Investors should also be aware that while the Company does, from time to time, communicate with securities analysts and others, it is against the Company’s policy to disclose to them any material, nonpublic information or other confidential commercial information. Accordingly, shareholders should not assume that the Company agrees with any statement or report issued by any securities analyst regardless of the content of the statement or report. Furthermore, the Company has a policy against confirming projections, forecasts or opinions issued by others. Thus, to the extent that reports issued by securities analysts contain any projections, forecasts or opinions, such reports are not the Company’s responsibility. About Dollar General Corporation Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of May 1, 2026, the Company’s 21,055 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever. DOLLAR GENERAL CORPORATION AND SUBSIDIARIES Consolidated Balance Sheets (In thousands)   (Unaudited) May 1, May 2, January 30, 2026    2025    2026  ASSETS Current assets: Cash and cash equivalents  $ 1,353,113  $ 850,018  $ 1,138,501 Merchandise inventories   6,635,903   6,590,096   6,331,861 Income taxes receivable   12,016   31,896   17,158 Prepaid expenses and other current assets     466,444     424,293     410,283 Total current assets     8,467,476     7,896,303     7,897,803 Net property and equipment   6,471,946   6,279,529   6,398,589 Operating lease assets   11,165,359   11,218,240   11,072,500 Goodwill   4,338,589   4,338,589   4,338,589 Other intangible assets, net   1,200,061   1,199,700   1,200,050 Other assets, net   56,222   55,300   56,199 Total assets    $ 31,699,653    $ 30,987,661    $ 30,963,730   LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Current portion of long-term obligations  $ 13,302  $ 19,591  $ 14,401 Current portion of operating lease liabilities   1,553,358   1,478,895   1,532,489 Accounts payable   4,341,284   3,836,222   4,051,592 Accrued expenses and other   1,139,351   1,031,210   1,263,296 Income taxes payable   195,724   37,747   99,357 Total current liabilities     7,243,019     6,403,665     6,961,135 Long-term obligations   4,563,106   5,724,739   4,565,881 Long-term operating lease liabilities   9,668,635   9,794,789   9,605,885 Deferred income taxes   1,089,414   1,096,048   1,038,863 Other liabilities     292,195     264,757     280,004 Total liabilities     22,856,369     23,283,998     22,451,768   Commitments and contingencies   Shareholders' equity: Preferred stock   -   -   - Common stock   193,013   192,557   192,694 Additional paid-in capital   3,926,810   3,838,541   3,909,593 Retained earnings   4,712,449   3,667,792   4,398,466 Accumulated other comprehensive income (loss)   11,012     4,773     11,209 Total shareholders' equity     8,843,284     7,703,663     8,511,962 Total liabilities and shareholders' equity    $ 31,699,653    $ 30,987,661    $ 30,963,730 DOLLAR GENERAL CORPORATION AND SUBSIDIARIES Consolidated Statements of Income (In thousands, except per share amounts) (Unaudited)     For the Quarter Ended May 1,   % of Net May 2,   % of Net 2026    Sales   2025    Sales Net sales  $ 10,786,965   100.00 %  $ 10,435,979   100.00 % Cost of goods sold   7,376,493   68.38       7,204,691   69.04   Gross profit   3,410,472   31.62     3,231,288   30.96   Selling, general and administrative expenses   2,771,956   25.70       2,655,175   25.44   Operating profit   638,516   5.92     576,113   5.52   Interest expense, net   47,238   0.44     64,604   0.62   Income before income taxes   591,278   5.48       511,509   4.90   Income tax expense   147,151   1.36       119,581   1.15   Net income  $ 444,127   4.12 %    $ 391,928   3.76 %     Earnings per share:         Basic  $ 2.02    $ 1.78   Diluted  $ 2.00    $ 1.78   Weighted average shares outstanding:     Basic   220,347     219,986   Diluted   221,559     220,135   DOLLAR GENERAL CORPORATION AND SUBSIDIARIES Consolidated Statements of Cash Flows (In thousands) (Unaudited)   For the 13 Weeks Ended May 1, May 2, 2026   2025 Cash flows from operating activities: Net income  $ 444,127    $ 391,928   Adjustments to reconcile net income to net cash from operating activities:   Depreciation and amortization   270,832     252,793   Deferred income taxes   50,551     (7,682 ) Noncash share-based compensation   37,031       30,273   Other noncash (gains) and losses   1,155     5,025   Change in operating assets and liabilities: Merchandise inventories   (308,145 )   124,841   Prepaid expenses and other current assets   (55,810 )   (29,329 ) Accounts payable   293,522     (35,080 ) Accrued expenses and other liabilities   (113,547 )   (2,988 ) Income taxes   101,509     122,847   Other     (5,037 )     (5,473 ) Net cash provided by (used in) operating activities     716,188       847,155           Cash flows from investing activities: Purchases of property and equipment   (351,605 )   (290,928 ) Proceeds from sales of property and equipment   3,802     552   Net cash provided by (used in) investing activities     (347,803 )     (290,376 )   Cash flows from financing activities: Repayments of long-term obligations   (4,134 )   (505,306 ) Payments of cash dividends   (130,144 )   (129,819 ) Other equity and related transactions   (19,495 )   (4,212 ) Net cash provided by (used in) financing activities     (153,773 )     (639,337 )   Net increase (decrease) in cash and cash equivalents   214,612     (82,558 ) Cash and cash equivalents, beginning of period   1,138,501     932,576   Cash and cash equivalents, end of period    $ 1,353,113      $ 850,018     Supplemental cash flow information: Cash paid for: Interest  $ 65,085    $ 100,729   Income taxes  $ 5,915    $ 4,098   Supplemental schedule of non-cash investing and financing activities: Right of use assets obtained in exchange for new operating lease liabilities  $ 475,498    $ 420,108   Purchases of property and equipment awaiting processing for payment, included in Accounts payable  $ 120,267    $ 129,150   DOLLAR GENERAL CORPORATION AND SUBSIDIARIES Selected Additional Information (Unaudited)   Sales by Category (in thousands)   For the Quarter Ended May 1, May 2, 2026   2025 % Change Consumables  $ 8,892,468  $ 8,636,680   3.0 % Seasonal   1,084,343   1,022,943   6.0 % Home products   522,978   507,176   3.1 % Apparel   287,176     269,180   6.7 % Net sales  $ 10,786,965    $ 10,435,979   3.4 %      Store Activity   For the Quarter Ended May 1, May 2, 2026   2025   Beginning store count   20,893   20,594   New store openings   195   156   Store closings   (33 ) (168 ) Net new stores   162     (12 ) Ending store count   21,055     20,582   Total selling square footage (000's)   160,730     156,990   Growth rate (square footage)   2.4 %   2.9 %   View source version on businesswire.com: https://www.businesswire.com/news/home/20260602751270/en/ Investor Contact:
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dgpr@dollargeneral.com Original: Dollar General Corporation Reports First Quarter 2026 Results

Dollar General Announces “Stars, Stripes and Savings” Event with 30 Days of Deals Ahead of America’s 250th AnniversaryJune 1, 2026 6:55 AM
Business Wire A trusted community partner for more than a third of America’s history, Dollar General offers summer value and convenience from sea to shining sea In celebration of America’s 250th anniversary, Dollar General (NYSE: DG) is helping customers kick-off summer by launching its Stars, Stripes and Savings event, a 30-day patriotic promotion featuring deals on summer essentials spanning Memorial Day to Independence Day. The event reflects DG’s 85-year mission of delivering value and convenience, complementing a broader assortment of patriotic merchandise, more than 85% of which is priced at $5 or less. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260601919731/en/In addition to daily deals, Dollar General offers a wide assortment of affordable patriotic merchandise to help customers prepare for July 4th. 30 Days of Deals: Weekly Savings Drops Starting June 1, Dollar General’s 30 Days of Savings event delivers a fresh deal each day throughout the month on products designed to support summer gatherings, travel and everyday needs. Each week highlights a new theme, making it simple for customers to stock up and save on what matters most. Week 1 (June 1-6): Food & Beverage Deals to jumpstart summer entertaining, including savings on 2-liter Coca-Cola® products, ice cream, chips and pantry favorites. Week 2 (June 7-13): Backyard Barbecue Essentials Savings on everything customers need to fire up the grill including charcoal, propane, brats and franks, coolers and paper goods. Week 3 (June 14-20): Patriotic & Outdoor Fun Discounts on patriotic and outdoor décor, pools and water toys, select apparel and gift cards to help customers celebrate in style. Week 4 (June 21-27): Travel & Staycation Value on sun care, personal care products and more to keep summer adventures affordable Week 5 (June 28-30): Countdown to July 4th Special daily deals on food and beverage items, each featured daily deal priced at just $2.50 to kick off Independence Day celebrations Affordable Patriotic Décor & Independence Day Essentials In addition to daily deals, Dollar General offers a wide assortment of affordable patriotic merchandise to help customers prepare for July 4th. Customers can find items such as apple pie and Uncle Sam-themed salt & pepper shakers, hot dog holders, picnic blankets, drink tumblers and more. Over 85% of the patriotic items are priced at $5 or less and approximately 30% of items are available for just $1. “For more than 85 years, our mission has been to bring affordability to consumers who rely on us for convenient access to everyday essentials,” said Tony Rogers, chief marketing officer at Dollar General. “Customers can unlock even more value with each shopping trip by signing up for a myDG account, where they’ll find digital coupons and cash back offers. We’re also bringing convenience to your doorstep with myDG Delivery, where your first delivery is free using your myDG account, plus the option to receive your order in an hour or less with an additional $1 ASAP fee – making it easier than ever to save on your summer stock-up.” A Recognized Leader in Serving American Communities Dollar General’s dedication to serving communities and celebrating the American spirit has earned the company recognition as one of Newsweek’s 2026 America’s Most Patriotic Companies, TIME’s 2026 America’s Most Iconic Companies, Newsweek’s 2025 America’s Most Loved Brands, and a Top Veteran-Friendly Company by U.S. Veterans Magazine for more than 10 consecutive years. With more than 20,000 stores nationwide, Dollar General remains focused on helping customers save time and money every day, especially during seasons of celebration. For more information about Dollar General’s Stars, Stripes and Savings event and daily deals, visit dollargeneral.com or the DG app. About Dollar General Corporation Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of January 30, 2026, the Company’s 20,893 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever. View source version on businesswire.com: https://www.businesswire.com/news/home/20260601919731/en/ Contact:
dgpr@dollargeneral.com Original: Dollar General Announces “Stars, Stripes and Savings” Event with 30 Days of Deals Ahead of America’s 250th Anniversary

Dollar General Literacy Foundation Celebrates Another One-Day Grant MilestoneMay 8, 2026 6:55 AM
Business Wire Foundation Awards Nearly $16 Million to Literacy Programs Across the Country; Grant Amount Surpasses Previous One-Day Record Set in 2025 For the second consecutive year, the Dollar General Literacy Foundation (DGLF) set a record for its largest one-day grant announcement by awarding nearly $16 million today to support adult, family, and summer literacy programs across the country. The grants will positively support more than 1,400 schools, libraries, and non-profit organizations and approximately 1.5 million individuals. The milestone surpasses the Foundation’s previous record of more than $13.2 million granted in May 2025. “Since the Foundation’s inception in 1993, our focus has remained on making meaningful investments in students, teachers, and the organizations that support literacy and learning at every stage of life,” said Denine Torr, executive director of the Dollar General Literacy Foundation. “We are grateful for the impact teachers and educators make every day and are excited to have another record setting year of helping expand literacy access for learners of all ages. These funds will help educators enhance their instruction and create opportunities that help empower students to reach their full potential.” A complete list of grant recipients is available online at www.dgliteracy.org. The Dollar General Literacy Foundation annually awards grants to public schools, libraries and nonprofit organizations within a 15-mile radius of a Dollar General store or distribution center. Since its founding 33 years ago by Dollar General’s (NYSE: DG) former CEO, Cal Turner, Jr., the DGLF has awarded more than $292 million to literacy efforts across the country. The Foundation plans to launch its seventh annual The Yellow Glasses Project campaign on July 20, 2026, in which customers can purchase yellow sunglasses at Dollar General stores for $2 each to benefit the DGLF. Additionally, the Foundation plans to announce its 2026 youth literacy grant recipients in September 2026, and applications for the 2027 literacy grant cycle are currently scheduled to open in January 2027. For additional information, photographs or items to supplement a story, please visit the DG Newsroom, contact the Media Relations Department via email at dgpr@dg.com. About the Dollar General Literacy Foundation The Dollar General Literacy Foundation is proud to support initiatives that help others improve their lives through literacy and education. Since 1993, the Foundation has awarded more than $292 million in grants to nonprofit organizations, helping more than 25 million individuals take their first steps toward literacy, a general education diploma or English proficiency. Each year, the Dollar General Literacy Foundation provides financial support to schools, nonprofit organizations and libraries within a 15-mile radius of Dollar General stores and distribution centers. To learn more about the Dollar General Literacy Foundation or apply for a literacy grant, visit www.dgliteracy.org. View source version on businesswire.com: https://www.businesswire.com/news/home/20260508824264/en/ Dollar General Media Relations
dgpr@dollargeneral.com Original: Dollar General Literacy Foundation Celebrates Another One-Day Grant Milestone

simmer & stir® New Private Brand Collection from Dollar General to Bring Joy to Your KitchenMay 5, 2026 6:55 AM
Business Wire Exclusive to DG, simmer & stir blends elevated design and effortless performance value-priced at $12 or less Dollar General (NYSE: DG) today announced the launch of simmer & stir, a new private-label kitchen brand, designed to elevate everyday cooking with modern style, practical function and incredible value. Available exclusively at DG, simmer & stir delivers joy in every slice, stir and serve. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260505310307/en/The simmer & stir assortment blends form and function with nearly 30 thoughtfully designed kitchen tools and accessories, created to make preparing meals at home easier and more enjoyable. The simmer & stir assortment blends form and function with nearly 30 thoughtfully designed kitchen tools and accessories, created to make preparing meals at home easier and more enjoyable. From prep to serve, the line delivers high-quality essentials with an upscale look, all at DG’s affordable prices. “With simmer & stir, we’re making it possible for customers to refresh their kitchens with tools that look great, perform beautifully and fit their budget,” said Natalie McConnell, vice president, division merchandise manager of apparel, holiday and home. “It’s about delivering joy to the everyday cooking experience, whether you’re mixing, measuring, flipping or serving.” The assortment includes measuring cups and spoons, mixing bowls and elevated silicon and nylon tools including spatulas, spoons, turners, tongs, whisks and more. Each item is designed with durability, comfort and modern aesthetics in mind, giving customers a simple way to upgrade their kitchens without overspending. All simmer & stir items are priced at $12 or less, with the majority between $2 and $3.50, reinforcing Dollar General’s commitment to value without compromise. simmer & stir will be available nationwide in approximately 16,000 stores beginning May 11. The introduction of simmer & stir builds on DG’s growing portfolio of elevated home essentials, including celebrity partnerships with Dolly Parton and Holly Williams. This effort underscores DG’s commitment to serving as America’s General Store, bringing quality, value and style to households nationwide. About Dollar General Corporation Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of January 30, 2026, the Company’s 20,893 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever. View source version on businesswire.com: https://www.businesswire.com/news/home/20260505310307/en/ dgpr@dollargeneral.com Original: simmer & stir® New Private Brand Collection from Dollar General to Bring Joy to Your Kitchen

Dollar General Corporation Announces Webcast of its First Quarter 2026 Earnings Conference CallMay 5, 2026 6:55 AM
Business Wire Dollar General Corporation (NYSE: DG) today announced that it plans to release its financial results for the fiscal 2026 first quarter ended May 1, 2026, on June 2, 2026. In connection with the release, Todd Vasos, chief executive officer, and Donny Lau, chief financial officer, will host a conference call on June 2, 2026, at 8:00 a.m. CT/9:00 a.m. ET. During the call, the company will discuss the earnings results and may discuss material business, financial or other information that is not contained in the earnings release. To participate via telephone, please call (877) 407-0890 at least 10 minutes before the conference call is scheduled to begin. The conference ID is 13760155. There will also be a live webcast of the call available at https://investor.dollargeneral.com under “News & Events, Events & Presentations.” A replay of the conference call will be available through June 30, 2026, and will be accessible via webcast replay or by calling (877) 660-6853. The conference ID for the telephonic replay is 13760155. About Dollar General Corporation Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of February 27, 2026, the Company’s 20,959 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever. View source version on businesswire.com: https://www.businesswire.com/news/home/20260505487331/en/ Dollar General Investor Relations
investorrelations@dollargeneral.com
Dollar General Media Relations
dgpr@dollargeneral.com Original: Dollar General Corporation Announces Webcast of its First Quarter 2026 Earnings Conference Call

W

DG Media Network to Introduce AI-Enabled In-Store Audio Network Across Thousands of Dollar General StoresApril 13, 2026 6:55 AM
Business Wire
New partnership with QSIC establishes one of the nation’s largest in-store audio networks backed by robust, data-driven measurement capabilities


Dollar General (NYSE: DG) today announced the planned rollout of an enhanced, AI-enabled in-store audio network across approximately 6,000 DG stores in 48 states. Through a new partnership with QSIC, Dollar General will deliver more relevant, localized and measurable audio experiences to customers while providing brand partners with accountable, data-driven advertising across one of the nation’s most expansive retail footprints. This rollout will double DG’s existing in-store audio presence and significantly increase measurement capabilities at scale, bringing the total number of DG stores with in-store audio capabilities to 12,000 in Q2 2026.


“At DG Media Network, we’re constantly looking for innovative ways to help brands meaningfully connect with our customers, and by introducing an AI-powered in-store audio network, we’re unlocking an entirely new layer of relevancy and accountability in the shopping experience,” said Austin Leonard, vice president and general manager of DG Media Network. “This platform allows us to deliver localized, real-time messaging at scale across the thousands of communities we serve – especially in underserved and often overlooked rural areas. It’s a powerful way to create value for our brand partners while enhancing the in-store experience for the millions of customers who rely on Dollar General every day through more relevant, contextual messaging designed to add value, not noise, to their shopping trip.”


Dollar General operates more than 20,000 stores across the United States, with approximately 75% of the U.S. population living within five miles of a location. This uniquely dense footprint makes DG one of the most accessible retailers in the country, particularly in rural communities where Dollar General frequently serves as a primary destination for everyday essentials.


QSIC, a global in-store audio platform that leverages AI and data intelligence to help retailers and brands unlock the value of in-store media, integrates point of sales (POS) data, curated music and AI-generated audio ads to deliver timely, targeted messaging. QSIC exceeds Interactive Advertising Bureau (IAB) standards through its proprietary technology that verifies ad delivery and its closed-loop reporting, helping brands understand performance and incremental impact.


“We’re thrilled to partner with Dollar General as they enhance their store experience and expand their in-store retail media capabilities,” said Matt Elsley, Co-founder and CEO of QSIC. “Dollar General’s unparalleled store base and deep reach into communities across the country make it an incredibly powerful opportunity for brands. With retail seeing approximately 85% of sales occurring in-store, physical locations remain the most valuable media channel. Our platform unlocks new value through intelligent automation, verified delivery and performance data that connects marketing investment to real-world results.”


Learn more about how DG Media Network connects advertisers with rural customers at scale through a robust managed service media portfolio spanning owned, in-store, on-site and off-site tactics across the full funnel here.


About Dollar General Corporation


Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of January 30, 2026, the Company’s 20,893 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.


About QSIC:


QSIC is the intelligent in-store audio platform that uses AI and first-party data to elevate and measure the impact of audio at the point of purchase. QSIC empowers retailers to create, manage and monetize in-store advertising that transforms spaces and delivers results. The company operates one of the largest retail audio networks in the U.S., reaching more than 350 million shoppers each month globally. Backed by the highest measurement standards in retail media, QSIC helps brands and retailers maximize their retail media networks quickly and effectively, turning physical stores into their most valuable asset. Learn more at www.getqsic.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260413141741/en/
dgpr@dollargeneral.com


Original: DG Media Network to Introduce AI-Enabled In-Store Audio Network Across Thousands of Dollar General Stores

Beauty for Every Budget: DG Announces 7 Days of Savings EventApril 9, 2026 6:55 AM
Business Wire
From personal care must-haves to self-care essentials, shoppers can score savings every day, April 12–18


Dollar General (NYSE: DG) today announced its upcoming 7 Days of Savings beauty event, offering customers a full week of value-driven deals across leading beauty and personal care brands. Running April 12–18, 2026, the event highlights DG’s ongoing commitment to delivering quality beauty essentials at affordable everyday prices.


7 Days of Savings beauty event deals include:



Sunday, April 12, 2026: L'Oréal®, Garnier®, Maybelline®, Thayer’s®, Dark & Lovely®, Let’s Jam!, Magic® – Spend $15, Save $5



Monday, April 13, 2026: MONDAY Hair Care – Buy 2, Save $5 (Excludes Trial/Travel Sizes)



Tuesday, April 14, 2026: Degree® deodorant and body wash – Spend $12, Save $5 (Excludes Invisible Solids or Twin Packs)



Wednesday, April 15, 2026: BIC® $7+ Razors – Buy One, Get One for $1 ($7+ BIC® Razors Only)



Thursday, April 16, 2026: All Suave® items $3+ – Buy One, Get One 50% Off



Friday, April 17, 2026: Old Spice® or Secret® Whole Body Deodorant – Buy One, Get One FREE (Excludes Old Spice Alchemist)



Saturday, April 18, 2026: Buy One Dial® Bar Soap 3 ct. Get One Free Dial® Hand Soap 11 oz.



“Our customers appreciate access to quality beauty and personal care products without compromising their budgets,” said Jimmy Nguyen, vice president and division merchandise manager of health and beauty. “This 7 Days of Savings event is another example of how DG is elevating our offerings while staying true to our promise of affordability customers count on. From leading national brands to exciting new additions, we’re proud to bring even more value, selection and innovation to the communities we serve.”


The 7 Days of Savings event builds on DG’s ongoing beauty innovation. In 2023, the company launched Beauty Reinvention, a reimagined in-store destination designed to help customers easily explore beauty essentials. The initiative enables DG to identify and scale the best-performing items to its more than 20,000 stores.


Recent and on-going enhancements include:



DG’s dedicated e.l.f.® cosmetics endcap, now in over 20,000 stores, bringing on-trend, affordable options to more communities



DG’s acquisition of Yumzee™, a fun, flavor-forward lip care brand, includes lip scrubs, plumpers, balms and oils in watermelon, strawberry, cherry and coconut.



An ever-changing selection of $1 family care essentials, including personal care staples, in DG’s Value Valley.



“Beauty Reinvention has allowed us to continuously learn, optimize and expand with confidence,” Nguyen added. “Whether it’s introducing playful brands like Yumzee™ or elevating our cosmetic assortment, we’re building a beauty experience our customers can trust and enjoy.”


Dollar General continues to find new ways to make shopping easier, faster and more affordable for the communities it serves. With convenient solutions like myDG Delivery, shoppable social media and an ever-growing lineup of digital savings, DG is helping customers bring more value home every day. To explore weekly deals, clip digital coupons, find cash-back offers or learn more about delivery options, visit dollargeneral.com.


About Dollar General Corporation


Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of January 30, 2026, the Company’s 20,893 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260409447250/en/
dgpr@dollargeneral.com


Original: Beauty for Every Budget: DG Announces 7 Days of Savings Event

Dollar General Debuts New Home Collection by Singer-Songwriter & Entrepreneur Holly WilliamsApril 1, 2026 6:55 AM
Business Wire
Inspired by Her Southern Roots & Family Tradition, xo Holly by Holly Williams Collection Drops in Stores Nationwide Starting in April


Tennessee-based retailer Dollar General (NYSE: DG) is excited to announce the debut of a multi-category décor, kitchen, bedding, and housewares collection from critically-acclaimed singer-songwriter and entrepreneur Holly Williams.


Inspired by her Southern roots, family traditions and country music, this Dollar General exclusive collection, featuring items from bedding and décor to houseware and kitchen, reflects Williams’ distinctive style and her love for the simple joys of everyday life at home.


“Just like my songs tell stories of home and heritage, these products are an extension of that story. They’re about creating meaningful experiences and staying connected to the things that matter most,” said Williams. “When someone welcomes my collection into their home, I hope it creates a sense of comfort and authenticity—with a nod to Southern tradition.”


As a lifelong Southerner, Williams is very familiar with Dollar General and the role it plays in everyday life for so many families. “Dollar General is where families, neighbors, and friends shop for convenience and everyday items in so many towns all across the south,” said Williams. “I’ve always sung about holding on to the places and people that shape us, and my new collection with DG is another way to share that spirit.”


Launching in April at approximately 20,000 Dollar General locations in 48 states, xo Holly by Holly Williams décor, kitchen, bedding and housewares collection, developed exclusively for Dollar General, features more than 50 items affordably priced from $1 to $20 with more than half the items only $5 or less.


“I’m excited to make my collection of kitchen and entertaining essentials, cozy bedding, and charming décor available at Dollar General stores across the country, and to see these pieces become part of customers’ everyday lives,” shared Williams.


To find a nearby Dollar General store, visit the DG website or myDG app. For more information about the collection and to explore the full range of products, please visit here.


Download high-res images HERE.


About Dollar General Corporation


Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of January 30, 2026, the Company’s 20,893 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260401225835/en/
Dollar General Media Relations

dgpr@dollargeneral.com


Original: Dollar General Debuts New Home Collection by Singer-Songwriter & Entrepreneur Holly Williams

Dollar General shares fall after sales outlook disappoints despite strong rallyMarch 12, 2026 10:43 AM
IH Market News
Dollar General (NYSE:DG) shares fell more than 5% in premarket trading on Thursday after the discount retailer issued annual comparable sales guidance that failed to meet elevated expectations on Wall Street following a sharp run-up in the stock.Recent economic data suggest that growth in the U.S. economy has been increasingly driven by higher-income households and corporate spending, while lower-income consumers continue to face pressure from rising living costs and a sluggish hiring environment.In what some analysts describe as a “K-shaped” economic recovery, many consumers have turned to lower-priced essentials and cut back on spending for higher-priced discretionary goods.Against this backdrop, shares of Tennessee-based Dollar General—which sells a broad range of everyday products including national brands and private-label goods—have surged more than 93% over the past year. The stock has also gained over 5% so far this year, even as broader markets faced volatility linked to concerns over artificial intelligence disruptions and geopolitical tensions related to the conflict with Iran.For the fourth quarter, Dollar General reported earnings per share of $1.93, compared with $0.87 in the same period a year earlier and above Bloomberg consensus estimates of $1.60. Net sales increased 5.9% year-over-year to $10.91 billion, exceeding expectations of $10.8 billion. Company executives also pointed to progress in an ongoing turnaround strategy, particularly through cost-reduction initiatives.Despite the stronger fourth-quarter performance, analysts at Vital Knowledge said the company’s fiscal 2026 outlook was “mostly inline” with expectations. Dollar General projected full-year comparable sales growth of 2.2% to 2.7%, compared with Bloomberg consensus estimates of 2.45%.The company also forecast annual earnings in a range of $7.10 to $7.35 per share, broadly in line with expectations of $7.11 per share.Dollar General stock price

Original: Dollar General shares fall after sales outlook disappoints despite strong rally

Dollar General Corporation Reports Strong Fourth Quarter and Fiscal Year 2025 ResultsMarch 12, 2026 6:50 AM
Business Wire
Provides Financial Guidance for Fiscal Year 2026


Dollar General Corporation (NYSE: DG) today reported financial results for its fourth quarter (13 weeks) and fiscal year (52 weeks) ended January 30, 2026 (“fiscal 2025”).



Fourth Quarter Net Sales Increased 5.9% to $10.9 Billion; Fiscal Year Net Sales Increased 5.2% to $42.7 Billion



Fourth Quarter Same-Store Sales Increased 4.3%; Fiscal Year Same-Store Sales Increased 3.0%



Fourth Quarter Operating Profit Increased 106.1% to $606.3 Million; Fiscal Year Operating Profit Increased 28.6% to $2.2 Billion



Fourth Quarter Diluted Earnings Per Share (“EPS”) Increased 121.8% to $1.93; Fiscal Year Diluted EPS Increased 34.1% to $6.85



Annual Cash Flow From Operations Increased 21.3% to $3.6 Billion



Board of Directors Declares Quarterly Cash Dividend of $0.59 per share



“We are pleased with our strong fourth quarter and fiscal year results, and I want to thank our employees for their unwavering commitment to Serving Others,” said Todd Vasos, Dollar General’s chief executive officer. “Our fourth quarter performance was highlighted by a 4.3% increase in same-store sales and continued advancement of our key initiatives, which contributed to strong operating margin expansion and EPS growth that well exceeded our expectations. Overall, this momentum reflects the progress we’ve made with our strategy and the continued relevance of our unique combination of value and convenience, particularly in the thousands of rural communities we serve.”


“Looking ahead to 2026, we are excited about our plans to drive continued growth through a variety of initiatives designed to further enhance the customer experience, elevate our brand, drive greater enterprise-wide efficiencies, and extend our reach, all while creating long-term shareholder value.”


Fourth Quarter Fiscal 2025 Highlights


Net sales increased 5.9% to $10.9 billion in the fourth quarter of fiscal 2025 compared to $10.3 billion in the fourth quarter of fiscal 2024. The net sales increase was driven by growth in same-store sales and positive sales contributions from new stores, partially offset by the impact of store closures. Same-store sales increased 4.3% compared to the fourth quarter of 2024, reflecting increases of 2.6% in customer traffic and 1.7% in average transaction amount. Same-store sales in the fourth quarter of fiscal 2025 included growth in each of the consumables, seasonal, home products, and apparel categories.


Gross profit as a percentage of net sales was 30.4% in the fourth quarter of fiscal 2025 compared to 29.4% in the fourth quarter of fiscal 2024, an increase of 105 basis points. This gross profit rate increase was driven primarily by lower shrink, higher inventory markups and lower inventory damages; partially offset by an increased LIFO provision.


Selling, General and Administrative Expenses (“SG&A”) as a percentage of net sales were 24.9% in the fourth quarter of fiscal 2025 compared to 26.5% in the fourth quarter of fiscal 2024, a decrease of 165 basis points. The primary expenses that were lower as a percentage of net sales in the fourth quarter of 2025 were impairment charges, primarily due to the store portfolio optimization review completed in fiscal 2024, and retail salaries; partially offset by higher incentive compensation.


Operating profit for the fourth quarter of fiscal 2025 increased 106.1% to $606.3 million compared to $294.2 million in the fourth quarter of fiscal 2024. In the fourth quarter of fiscal 2024, the Company’s operating profit was negatively impacted by charges of $232 million related to a store portfolio optimization review, primarily due to store closures and pOpshelf impairment charges.


Net interest expense for the fourth quarter of fiscal 2025 decreased 20.6% to $52.3 million compared to $65.9 million in the fourth quarter of fiscal 2024.


The effective income tax rate in the fourth quarter of fiscal 2025 was 21.8% compared to 16.2% in the fourth quarter of fiscal 2024. This higher effective income tax rate was primarily due to a higher state effective tax rate and a decreased benefit from jobs-based tax credits due to higher earnings before taxes diluting the rate impact of the credits.


The Company reported net income of $426.3 million for the fourth quarter of fiscal 2025, an increase of 122.9% compared to $191.2 million in the fourth quarter of fiscal 2024. Diluted EPS increased 121.8% to $1.93 for the fourth quarter of fiscal 2025 compared to diluted EPS of $0.87 in the fourth quarter of fiscal 2024. In the fourth quarter of fiscal 2024, EPS included a negative impact of approximately $0.81 per share related to the store portfolio optimization review.


Fiscal Year 2025 Highlights


Fiscal 2025 net sales increased 5.2% to $42.7 billion compared to $40.6 billion in fiscal 2024. The net sales increase was driven by growth in same-store sales and positive sales contributions from new stores, partially offset by the impact of store closures. Same-store sales increased 3.0% compared to fiscal 2024, reflecting increases of 1.6% in customer traffic and 1.4% in average transaction amount. Same-store sales in fiscal 2025 included growth in each of the consumables, seasonal, home products, and apparel categories.


Gross profit as a percentage of net sales was 30.7% in fiscal 2025 compared to 29.6% in fiscal 2024, an increase of 107 basis points. The increase in the gross profit rate was driven primarily by lower shrink, higher inventory markups and lower inventory damages, partially offset by an increased LIFO provision.


SG&A as a percentage of net sales were 25.5% in fiscal 2025 compared to 25.4% in fiscal 2024, an increase of 13 basis points. The primary expenses that were higher as a percentage of net sales in 2025 were incentive compensation and repairs and maintenance, partially offset by lower impairment charges primarily due to the store portfolio optimization review completed in fiscal 2024.


Operating profit for fiscal 2025 increased 28.6% to $2.2 billion compared to $1.7 billion in fiscal 2024. In fiscal 2024, the Company’s operating profit was negatively impacted by charges of $232 million related to a store portfolio optimization review, primarily due to store closures and pOpshelf impairment charges.


Net interest expense for fiscal 2025 decreased 15.9% to $231 million compared to $274 million in fiscal 2024.


The effective income tax rate in fiscal 2025 was 23.0% compared to 21.8% in fiscal 2024. This higher effective income tax rate was primarily due to a higher state effective tax rate, enactment of Pillar Two minimum tax, and a decreased benefit from jobs-based tax credits due to higher earnings before taxes diluting the rate impact of the credits.


The Company reported net income of $1.5 billion for fiscal 2025, an increase of 34.4% compared to $1.1 billion in fiscal 2024. Diluted EPS increased 34.1% to $6.85 for fiscal 2025 compared to diluted EPS of $5.11 in fiscal year 2024. In fiscal 2024, EPS included a negative impact of approximately $0.81 per share related to the store portfolio optimization review.


Merchandise Inventories


As of January 30, 2026, total merchandise inventories, at cost, were $6.3 billion compared to $6.7 billion as of January 31, 2025, a decrease of 7.0% on an average per-store basis.


Capital Expenditures


Total additions to property and equipment in fiscal 2025 were $1.2 billion, including approximately: $732.0 million for improvements, upgrades, remodels and relocations of existing stores; $215.3 million for distribution and transportation-related projects; $203.5 million related to store facilities, primarily for leasehold improvements, fixtures and equipment in new stores; and $64.4 million for information systems upgrades and technology-related projects. During fiscal 2025, the Company opened 581 new stores in the United States and 8 new stores in Mexico, remodeled 2,000 stores through Project Renovate and 2,254 stores through Project Elevate, and relocated 47 stores.


Share Repurchases


In fiscal 2025, as planned, the Company did not repurchase any shares under its share repurchase program.


Dividend


On March 11, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0.59 per share on the Company’s common stock, payable on or before April 21, 2026 to shareholders of record on April 7, 2026. While the Board of Directors currently intends to continue regular cash dividends, the declaration and amount of future dividends are subject to the sole discretion of the Board and will depend upon, among other things, the Company’s results of operations, cash requirements, financial condition, contractual restrictions, excess debt capacity, and other factors the Board may deem relevant in its sole discretion.


Fiscal Year 2026 Financial Guidance and Store Growth Outlook


The Company expects the following for fiscal year ending January 29, 2027 (“fiscal 2026”):



Net sales growth in the range of approximately 3.7% to 4.2%



Same-store sales growth in the range of approximately 2.2% to 2.7%



Diluted EPS in the range of approximately $7.10 to $7.35


Diluted EPS guidance assumes an effective tax rate of approximately 25%



Diluted EPS guidance assumes a negative impact of approximately $0.13 due to the expiration of the Work Opportunity Tax Credit on December 31, 2025






Capital expenditures, including those related to investments in the Company’s strategic initiatives, in the range of $1.4 billion to $1.5 billion



The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026, including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.


The Company’s financial guidance assumes no share repurchases in fiscal 2026.


Long-Term Financial Framework


The Company’s long-term financial framework, introduced on March 13, 2025, targets the following metrics:




Key Metric






Annual Goal








Net Sales Growth






Approximately 3.5% - 4%








Same-Store Sales Growth






Approximately 2% - 3%








Operating Margin*(1)






Approximately 6% - 7%








Diluted Earnings Per Share Growth*






10%+








New Unit Growth






Approximately 2%








Capital Expenditures






Approximately 3% of Net Sales









* On an adjusted basis, when applicable








(1) Targeted to begin in 2028/2029







Conference Call Information


The Company will hold a conference call on March 12, 2026 at 8:00 a.m. CT/9:00 a.m. ET, hosted by Todd Vasos, chief executive officer, and Donny Lau, chief financial officer. To participate via telephone, please call (877) 407-0890 at least 10 minutes before the conference call is scheduled to begin. The conference ID is 13758196. There will also be a live webcast of the call available at https://investor.dollargeneral.com under “News & Events, Events & Presentations.” A replay of the conference call will be available through April 9, 2026, and will be accessible via webcast replay or by calling (877) 660-6853. The conference ID for the telephonic replay is 13758196.


Forward-Looking Statements


This press release contains forward-looking information within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act. Forward-looking statements include those regarding the Company’s outlook, strategy, initiatives, plans, intentions or beliefs, including, but not limited to, statements made within the quotation of Mr. Vasos, and in the sections entitled “Dividend,” “Fiscal Year 2026 Financial Guidance and Store Growth Outlook,” and “Long-Term Financial Framework.”


A reader can identify forward-looking statements because they are not limited to historical fact or they use words such as “accelerate,” “aim,” “anticipate,” “assume,” “believe,” “beyond,” “can,” “committed,” “confident,” “continue,” “could,” “drive,” “estimate,” “expect,” “focus on,” “forecast,” “future,” “goal,” “guidance,” “intend,” “investments,” “likely,” “long-term,” “looking ahead,” “look to,” “may,” “model,” “moving toward,” “near-term,” “ongoing,” “opportunities,” “outcome,” “outlook,” “plan,” “position,” “potential,” “predict,” “project,” “prospects,” “seek,” “should,” “subject to,” “target,” “uncertain,” “well-positioned,” “will,” “would,” or “years ahead,” and similar expressions that concern the Company’s outlook, long-term financial framework, strategies, plans, initiatives, intentions or beliefs about future occurrences or results. These matters involve risks, uncertainties and other factors that may change at any time and may cause actual results to differ materially from those which the Company expected. Many of these statements are derived from the Company’s operating budgets and forecasts as of the date of this release, which are based on many detailed assumptions and estimates that the Company believes are reasonable. However, it is very difficult to predict the effect of known factors on future results, and the Company cannot anticipate all factors that could affect future results that may be important to an investor. All forward-looking information should be evaluated in the context of these risks, uncertainties and other factors. Important factors that could cause actual results to differ materially from the expectations expressed in or implied by such forward-looking statements include, but are not limited to:



economic factors, including but not limited to employment levels; inflation (and the Company’s ability to adjust prices sufficiently to offset the effect of inflation); pandemics; higher fuel, energy, healthcare, housing and product costs; higher interest rates, consumer debt levels, and tax rates; lack of available credit; tax law changes that negatively affect credits and refunds; decreases in, or elimination of, government assistance programs or subsidies such as unemployment and food/nutrition assistance programs, student loan repayment forgiveness and economic stimulus payments; commodity rates; transportation, lease and insurance costs; wage rates (including the possibility of increased federal, and further increased state and/or local minimum wage rates/salary levels); foreign exchange rate fluctuations; measures that create barriers to or increase the costs of international trade (including sustained higher import duties or tariffs on both products that we sell and those that we use in our business); the dynamic and uncertain tariff environment (including its impact on our profitability and on our customers’ response to price increases); and changes in laws and regulations and their effect on, as applicable, customer spending, confidence and disposable income, the Company’s ability to execute its strategies and initiatives, the Company’s cost of goods sold, the Company’s SG&A expenses (including real estate and building costs), and the Company’s sales and profitability;



failure to achieve or sustain the Company’s strategies, initiatives and investments, including those relating to merchandising (including those related to non-consumable products), real estate and new store development, mature stores and store remodels (including Project Elevate), international expansion, store formats and concepts, digital, marketing, shrink, damages, sourcing, private brand, inventory management, supply chain, private fleet, store operations, expense reduction, technology, pOpshelf, and DG Media Network;



competitive pressures and changes in the competitive environment and the geographic and product markets where the Company operates, including, but not limited to, pricing, promotional activity, expanded availability of mobile, web-based and other digital technologies, and alliances or other business combinations;



failure to timely and cost-effectively execute the Company’s real estate projects and timely meet its financial expectations, or to anticipate or successfully address the challenges imposed by the Company’s expansion, including into new countries or domestic markets, states, or urban or suburban areas;



levels of inventory shrinkage and damages;



failure to successfully manage inventory balances and in-stock levels, as well as to predict customer trends, spending levels, or price sensitivity;



failure to maintain the security of the Company’s business, customer, employee or vendor information or to comply with privacy laws, or the Company or one of its vendors falling victim to a cyberattack (which risk is heightened as a result of political uncertainty involving China, the conflict between Russia and Ukraine and the conflict in the Middle East) that prevents the Company from operating all or a portion of its business;



damage or interruption to the Company’s information systems as a result of external factors, staffing shortages or challenges in maintaining or updating the Company’s existing technology or developing, implementing or integrating new technology (including artificial intelligence);



a significant disruption to the Company’s distribution network, the capacity of the Company’s distribution centers or the timely receipt of inventory; increased fuel or transportation costs; issues related to supply chain disruptions or seasonal buying pattern disruptions; or delays in constructing, opening or staffing new distribution centers (including temperature-controlled distribution centers);



risks and challenges associated with sourcing merchandise from suppliers, including, but not limited to, those related to international trade (for example, increasing tariffs on imported goods, political uncertainty involving China, disruptive political events such as the conflict between Russia and Ukraine and the conflict in the Middle East, the dynamic and uncertain tariff environment, and port labor disputes/agreements);



natural disasters, unusual weather conditions (whether or not caused by climate change), pandemic outbreaks or other health crises, political or civil unrest, acts of war, violence or terrorism, and disruptive global political events (for example, political uncertainty involving China, the conflict between Russia and Ukraine and the conflict in the Middle East);



product liability, product recall or product safety, labeling or other product-related claims;



incurrence of material uninsured losses, excessive insurance costs or accident costs;



failure to attract, develop and retain qualified employees while controlling labor costs (including the possibility of increased federal, and further increased state and/or local minimum wage rates/salary levels), and other labor issues, including employee expectations and productivity and employee safety issues;



loss of key personnel or inability to hire additional qualified personnel, ability to successfully execute management transitions within the Company’s senior leadership, or inability to enforce non-compete agreements that we have in place with management personnel or enter into new non-compete agreements;



risks associated with the Company’s private brands, including, but not limited to, the Company’s level of success in improving their gross profit rate at expected levels;



failure to protect the Company’s reputation;



seasonality of the Company’s business;



reliance on third parties in many aspects of the Company’s business;



deterioration in market conditions, including market disruptions, adverse conditions in the financial markets including financial institution failures, limited liquidity and interest rate increases, changes in the Company’s credit profile (including the Company’s current increased debt levels or any downgrade to the Company’s credit ratings), compliance with covenants and restrictions under the Company’s debt agreements, and the amount of the Company’s available excess capital;



impact of market and other factors on the volatility of the Company’s common stock price;



the impact of changes in or noncompliance with governmental regulations and requirements, including, but not limited to, those dealing with the sale of products, including without limitation, product and food safety, marketing, labeling or pricing; information security and privacy; labor and employment; employee wages, salary levels and benefits (including the possibility of increased federal, and further increased state and/or local minimum wage rates/salary levels); health and safety; real property; public accommodations; imports and customs; transportation; intellectual property; bribery and anti-corruption; climate change; and environmental compliance (including any required public disclosures related thereto), as well as tax laws and policies (including those related to the federal, state or foreign corporate tax rate), the interpretation of existing tax laws, the expiration of the Work Opportunity Tax Credit, or the Company’s failure to sustain its reporting positions negatively affecting the Company’s overall effective tax rate, and uncertainty surrounding potential changes to the regulatory environment under the current U.S. administration;



developments in or outcomes of private actions, class actions, multi-district litigation, arbitrations, derivative actions, administrative proceedings, regulatory actions or other litigation or of inquiries from federal, state and local agencies, regulatory authorities, attorneys general, committees, subcommittees and members of the U.S. Congress, and other local, state, federal and international governmental authorities;



new accounting guidance or changes in the interpretation or application of existing guidance;



the factors disclosed under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q; and



such other factors as may be discussed or identified in this press release.



All forward-looking statements are qualified in their entirety by these and other cautionary statements that the Company makes from time to time in its SEC filings and public communications. The Company cannot assure the reader that it will realize the results or developments the Company anticipates or, even if substantially realized, that they will result in the consequences or affect the Company or its operations in the way the Company expects. Forward-looking statements speak only as of the date made. The Company undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements as a result of new information, future events or circumstances, or otherwise, except as otherwise required by law. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, the Company.


Investors should also be aware that while the Company does, from time to time, communicate with securities analysts and others, it is against the Company’s policy to disclose to them any material, nonpublic information or other confidential commercial information. Accordingly, shareholders should not assume that the Company agrees with any statement or report issued by any securities analyst regardless of the content of the statement or report. Furthermore, the Company has a policy against confirming projections, forecasts or opinions issued by others. Thus, to the extent that reports issued by securities analysts contain any projections, forecasts or opinions, such reports are not the Company’s responsibility.


About Dollar General Corporation


Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of January 30, 2026, the Company’s 20,893 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.



DOLLAR GENERAL CORPORATION AND SUBSIDIARIES


Consolidated Balance Sheets


(In thousands)








 




(Unaudited)





January 30,

January 31,





2026







2025







ASSETS






Current assets:






Cash and cash equivalents


$






1,138,501







$






932,576







Merchandise inventories


 






6,331,861







 






6,711,242







Income taxes receivable


 






17,158







 






127,132







Prepaid expenses and other current assets


 






410,283







 






392,975







Total current assets


 






7,897,803







 






8,163,925







Net property and equipment


 






6,398,589







 






6,209,481







Operating lease assets


 






11,072,500







 






11,163,763







Goodwill


 






4,338,589







 






4,338,589







Other intangible assets, net


 






1,200,050







 






1,199,700







Other assets, net


 






56,199







 






57,275







Total assets


$






30,963,730







$






31,132,733











 


LIABILITIES AND SHAREHOLDERS' EQUITY






Current liabilities:






Current portion of long-term obligations


$






14,401







$






519,463







Current portion of operating lease liabilities


 






1,532,489







 






1,460,114







Accounts payable


 






4,051,592







 






3,833,133







Accrued expenses and other


 






1,263,296







 






1,045,856







Income taxes payable


 






99,357







 






10,136







Total current liabilities


 






6,961,135







 






6,868,702







Long-term obligations


 






4,565,881







 






5,719,025







Long-term operating lease liabilities


 






9,605,885







 






9,764,783







Deferred income taxes


 






1,038,863







 






1,103,701







Other liabilities


 






280,004







 






262,815







Total liabilities


 






22,451,768







 






23,719,026











 


Commitments and contingencies










 


Shareholders' equity:






Preferred stock


 






-







 






-







Common stock


 






192,694







 






192,447







Additional paid-in capital


 






3,909,593







 






3,812,590







Retained earnings


 






4,398,466







 






3,405,683







Accumulated other comprehensive income (loss)


 






11,209







 






2,987







Total shareholders' equity


 






8,511,962







 






7,413,707







Total liabilities and shareholders' equity


$






30,963,730







$






31,132,733








DOLLAR GENERAL CORPORATION AND SUBSIDIARIES


Consolidated Statements of Income


(In thousands, except per share amounts)


(Unaudited)









 



For the Quarter Ended



January 30,
% of Net

January 31,
% of Net




 






2026





Sales


 






2025





Sales


Net sales

$






10,911,203






100.00






%







$






10,304,498






100.00






%







Cost of goods sold

 






7,588,800






69.55








 






7,274,929






70.60








Gross profit

 






3,322,403






30.45








 






3,029,569






29.40








Selling, general and administrative expenses

 






2,716,127






24.89








 






2,735,363






26.55








Operating profit

 






606,276






5.56








 






294,206






2.86








Interest expense, net

 






52,301






0.48








 






65,908






0.64








Other (income) expense

 






8,509






0.08








 






-






0.00








Income before income taxes

 






545,466






5.00








 






228,298






2.22








Income tax expense

 






119,166






1.09








 






37,081






0.36








Net income

$






426,300






3.91






%







$






191,217






1.86






%














 


Earnings per share:









Basic

$






1.94









$






0.87









Diluted

$






1.93









$






0.87









Weighted average shares outstanding:









Basic

 






220,172









 






219,934









Diluted

 






221,311









 






219,996
















 









 



For the Year Ended



January 30,
% of Net

January 31,
% of Net




 






2026





Sales


 






2025





Sales


Net sales

$






42,724,369






100.00






%







$






40,612,308






100.00






%







Cost of goods sold

 






29,624,680






69.34








 






28,594,811






70.41








Gross profit

 






13,099,689






30.66








 






12,017,497






29.59








Selling, general and administrative expenses

 






10,896,021






25.50








 






10,303,423






25.37








Operating profit

 






2,203,668






5.16








 






1,714,074






4.22








Interest expense, net

 






230,567






0.54








 






274,320






0.68








Other (income) expense

 






8,509






0.02








 






-






0.00








Income before income taxes

 






1,964,592






4.60








 






1,439,754






3.55








Income tax expense

 






452,281






1.06








 






314,501






0.77








Net income

$






1,512,311






3.54






%







$






1,125,253






2.77






%














 


Earnings per share:









Basic

$






6.87









$






5.12









Diluted

$






6.85









$






5.11









Weighted average shares outstanding:









Basic

 






220,090









 






219,877









Diluted

 






220,814









 






220,027










DOLLAR GENERAL CORPORATION AND SUBSIDIARIES


Consolidated Statements of Cash Flows


(In thousands)


(Unaudited)






 




For the Year Ended




January 30,

January 31,





 






2026






 







 






2025






 







Cash flows from operating activities:






Net income


$






1,512,311






 







$






1,125,253






 







Adjustments to reconcile net income to net cash






from operating activities:






Depreciation and amortization


 






1,046,318






 







 






971,703






 







Deferred income taxes


 






(64,718






)







 






(30,345






)







Loss on debt retirement


 






8,509






 







 






-






 







Noncash share-based compensation


 






91,453






 







 






58,738






 







Other noncash (gains) and losses


 






256,265






 







 






296,184






 







Change in operating assets and liabilities:






Merchandise inventories


 






178,481






 







 






230,208






 







Prepaid expenses and other current assets


 






(13,238






)







 






(23,864






)







Accounts payable


 






185,343






 







 






302,915






 







Accrued expenses and other liabilities


 






249,971






 







 






91,813






 







Income taxes


 






199,195






 







 






(15,443






)







Other


 






(15,390






)







 






(11,098






)







Net cash provided by (used in) operating activities


 






3,634,500






 







 






2,996,064






 











 


Cash flows from investing activities:






Purchases of property and equipment


 






(1,241,162






)







 






(1,309,888






)







Proceeds from sales of property and equipment


 






3,966






 







 






3,561






 







Net cash provided by (used in) investing activities


 






(1,237,196






)







 






(1,306,327






)











 


Cash flows from financing activities:






Repayments of long-term obligations


 






(1,677,161






)







 






(770,230






)







Costs associated with issuance of debt


 






(487






)







 






(2,319






)







Payments of cash dividends


 






(519,510






)







 






(518,983






)







Other equity and related transactions


 






5,779






 







 






(2,912






)







Net cash provided by (used in) financing activities


 






(2,191,379






)







 






(1,294,444






)











 


Net increase (decrease) in cash and cash equivalents


 






205,925






 







 






395,293






 







Cash and cash equivalents, beginning of period


 






932,576






 







 






537,283






 







Cash and cash equivalents, end of period


$






1,138,501






 







$






932,576






 











 


Supplemental cash flow information:






Cash paid for:






Interest


$






290,420






 







$






336,625






 







Income taxes


$






320,586






 







$






354,727






 







Supplemental schedule of non-cash investing and financing activities:






Right of use assets obtained in exchange for new operating lease liabilities


$






1,452,006






 







$






1,592,510






 







Purchases of property and equipment awaiting processing for payment,






included in Accounts payable


$






124,097






 







$






90,981






 








DOLLAR GENERAL CORPORATION AND SUBSIDIARIES


Selected Additional Information


(Unaudited)



 






 






 






 






 






 








 






 






 






 






 






 







Sales by Category (in thousands)



 






 






 






 






 






 








For the Quarter Ended





January 30,

January 31,






2026







2025






 






% Change


Consumables

$






8,771,997







$






8,317,184






 







5.5






%







Seasonal

 






1,206,128







 






1,114,808






 







8.2






%







Home products

 






643,784







 






593,010






 







8.6






%







Apparel

 






289,294







 






279,496






 







3.5






%







Net sales

$






10,911,203







$






10,304,498






 







5.9






%








 






 






 






 






 






 








 






 






 






 






 






 








For the Year Ended





January 30,

January 31,






2026







2025






% Change


Consumables

$






35,053,180







$






33,370,910






 







5.0






%







Seasonal

 






4,327,364







 






4,073,317






 







6.2






%







Home products

 






2,213,521







 






2,074,379






 







6.7






%







Apparel

 






1,130,304







 






1,093,702






 







3.3






%







Net sales

$






42,724,369







$






40,612,308






 







5.2






%








 






 






 






 






 






 








 






 






 






 






 






 








 






 






 






 






 






 








 






 






 






 






 






 







Store Activity



 






 






 






 






 






 










For the Year Ended





January 30,

January 31,






 






2026






 







2025












 


Beginning store count


 






20,594






 







19,986






 







New store openings


 






589






 







725






 







Store closings


 






(290






)







(117






)







Net new stores


 






299






 







608






 







Ending store count


 






20,893






 







20,594






 







Total selling square footage (000's)


 






158,898






 







156,882






 







Growth rate (square footage)


 






1.3






%







3.8






%







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260312957701/en/
Investor Contact:

investorrelations@dollargeneral.com


Media Contact:

dgpr@dollargeneral.com


Original: Dollar General Corporation Reports Strong Fourth Quarter and Fiscal Year 2025 Results

Dollar General Unveils “7 Days of Savings” Cleaning Event DealsMarch 10, 2026 6:55 AM
Business Wire
Daily offers pair with DG’s everyday value initiatives, including $1 Value Valley finds, to make Spring refresh more affordable


Dollar General (NYSE: DG) today announced its 7 Days of Savings cleaning event, offering customers a full week of values on trusted cleaning, home care and organizational essentials. Running March 15-21, the event features daily, limited-time deals designed to help customers refresh, reset and restock their homes for less.


7 Days of Savings cleaning event deals include:



Sunday, March 15: Clorox Scentiva® Lavender Jasmine Scent Bleach 81 oz. —$4.45 Sale



Monday, March 16: NEW True Living® Scented Candles (2-ct. 6.8 oz.) — Buy One, Get One 50% Off



Tuesday, March 17: True Living®, Fresh Start, or Bella Kitchen and Pantry Organization Plastics — Buy One, Get One Free



Wednesday, March 18: Mr. Clean® Spin Mop or Clean All™ Power Scrubber — Instantly Save $10



Thursday, March 19: Comfort Bay® Bath & Hand Towels and Washcloths (excludes multipacks) — 50% Off



Friday, March 20: XTRA® Tropical Passion® Scent Laundry Detergent 57.6 oz. — Buy One, Get One Free



Saturday, March 21: Pro-Strength Liquid-Plumr Clog Destroyer® 80 oz. —$7.50 Sale



“With spring cleaning season approaching, our goal is to make it easier and more affordable for our customers to refresh their homes,” said Jenny O’Neill, vice president and division merchandise manager of cleaning, paper and pet at Dollar General. “From great weekly deals to everyday savings through the $1 Value Valley and DG App, we are committed to offering value and convenience every step of the way.”


In addition to the special savings, customers can always stretch their budgets with DG’s $1 Value Valley, which includes an assortment of home cleaning products and household staples at everyday low prices. Shoppers can also save by signing up for a myDG account, which offers digital coupons, cash back offers and personalized deals through the website and DG app that make value even more accessible.


DG continues to expand conveniences for customers through myDG Delivery, giving shoppers the option to have their household essentials, including cleaning supplies, paper products and more, delivered directly to their door. Customers can get one free delivery on a myDG Delivery order using their myDG account. Customers can also choose to receive their order within one hour or less for an additional $1 ASAP fee.


For more than 85 years, Dollar General has remained committed to providing the communities it serves with convenient, affordable access to everyday essentials. The Company continues to expand solutions that make shopping easier, like myDG Delivery, bringing even more value and flexibility to customers’ daily lives. To explore weekly savings, clip digital coupons, find cash back offers or learn more about delivery options, visit dollargeneral.com.


About Dollar General Corporation


Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of October 31, 2025, the Company’s 20,901 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260310618932/en/
dgpr@dollargeneral.com


Original: Dollar General Unveils “7 Days of Savings” Cleaning Event Deals

Dollar General Corporation Announces Webcast of its Fourth Quarter 2025 Earnings Conference CallFebruary 12, 2026 6:55 AM
Business Wire
Dollar General Corporation (NYSE: DG) today announced that it plans to release its financial results for the fiscal 2025 fourth quarter and full year ended January 30, 2026, on March 12, 2026.


In connection with the release, Todd Vasos, chief executive officer, and Donny Lau, chief financial officer, will host a conference call on March 12, 2026, at 8:00 a.m. CT/9:00 a.m. ET.


During the call, the company will discuss the earnings results and may discuss material business, financial or other information that is not contained in the earnings release.


To participate via telephone, please call (877) 407-0890 at least 10 minutes before the conference call is scheduled to begin. The conference ID is 13758196. There will also be a live webcast of the call available at https://investor.dollargeneral.com under “News & Events, Events & Presentations.” A replay of the conference call will be available through April 9, 2026, and will be accessible via webcast replay or by calling (877) 660-6853. The conference ID for the telephonic replay is 13758196.


About Dollar General Corporation


Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of October 31, 2025, the Company’s 20,901 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260212335137/en/
Dollar General Investor Relations

investorrelations@dollargeneral.com

Dollar General Media Relations

dgpr@dollargeneral.com


Original: Dollar General Corporation Announces Webcast of its Fourth Quarter 2025 Earnings Conference Call

Dollar General Corporation Announces Updates to its Board of DirectorsFebruary 3, 2026 4:30 PM
Business Wire
David P. Rowland named chairman of the board;

Michael M. Calbert to remain as independent director;

Warren F. Bryant to retire after 16 years of service


Dollar General Corporation (NYSE: DG) today announced updates to its board of directors.


David P. Rowland has been appointed as the Company’s chairman of the board of directors effective February 4, 2026. Rowland succeeds Michael M. Calbert, who will continue to serve as an independent director on the Company’s board of directors.


“We are excited for David to assume the role of chairman of the board. He has been a significant contributor to our board since joining in 2023, capitalizing on his extensive global marketplace experience and deep financial, risk management and technology expertise,” said Todd Vasos, Dollar General’s chief executive officer and a member of its board of directors. “We also are deeply grateful for Mike’s many years of dedicated leadership and contributions in the role. During his tenure as chairman, Mike guided the board through significant periods of growth and transformation, demonstrating unwavering dedication to strong corporate governance, strategic oversight, and the long-term success of Dollar General.”


Additionally, Warren F. Bryant informed the Company of his plans to retire from the board of directors upon the expiration of his current term at the Company’s 2026 annual meeting of shareholders.


“Warren’s extensive retail experience and strategic and financial acumen have been invaluable since he joined our board of directors in 2009,” said Vasos. “His thoughtful leadership has been invaluable, and we extend our sincere appreciation and best wishes in his retirement.”


For more information regarding Dollar General’s board of directors visit the Company’s Investor Relations site at investor.dollargeneral.com.


About Dollar General Corporation


Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of October 31, 2025, the Company’s 20,901 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260203552107/en/
dgpr@dollargeneral.com


Original: Dollar General Corporation Announces Updates to its Board of Directors

Dollar General Launches its Latest “7 Days of Savings” Event February 1-7January 30, 2026 5:00 PM
Business Wire
Save more just in time for hosting a big game party or stocking up on essentials


Dollar General (NYSE: DG) today announced the launch of a winter 7 Days of Savings event, offering customers one new, limited-time deal each day February 1–7, 2026. The promotion is designed to give customers even more value, building on Dollar General’s mission of Serving Others by providing affordable offerings across its more than 20,000 stores nationwide.


As February and March offer key sporting event finales, and with spring cleaning season on the horizon, daily deals include:



Sunday, February 1: Scott® Bathroom Tissue (8 rolls, 1000 sheets/roll) – $8.25 SALE



Monday, February 2: Arm & Hammer® Liquid Laundry Detergent Oxi Odor Blasters Fresh Burst Scent 32.5 oz. – Buy One, Get One Free



Tuesday, February 3: TrueLiving® 18 Gallon Storage Tote – $5.00 SALE



Wednesday, February 4: Coke®, Sprite®, Diet Coke® or Fanta® 6 pk. Bottles (assorted varieties, must buy 3) – 3 for $11*



Thursday, February 5: Wolf® Brand Chili (15 oz., assorted varieties, must buy 2) – 2 for $3 Sale



Friday, February 6: Select Gift Cards (Academy® Sports + Outdoors, DoorDash®, Outback Steakhouse® / Bloomin’ Brands Inc.®, Nordstrom®) – 20% Off



Saturday, February 7: Buy Two Fritos® or Ruffles®, Get One 18 ct. Multipack Free (assorted varieties, can mix & match, must buy 2, Fritos 9.25 oz. or Ruffles 7.25-8.5 oz.)



“Dollar General’s savings events are a great way to stock up on everyday essentials. With the big game around the corner, these deals include even more ways to gear up and save on fan-favorite snacks and drinks,” said Bryan Wheeler, executive vice president and chief merchandising officer at DG. “Each daily deal is designed to bring added value to the communities we serve, making it easier for customers to stretch their dollars when it matters most.”


In addition to the 7 Days of Savings event, Dollar General plans to offer a one-day “Super Saturday” promotion on assorted 2-liter Pepsi® brands, priced at $1.50 each.* All offers are available while supplies last.


Free Delivery Offer Through myDG Delivery


The 7 Days of Savings event follows last week’s announcement of expanded convenience through DG’s same-day delivery service, myDG Delivery, available through the DG app and website. Now offered at more than 17,000 stores nationwide, myDG Delivery provides customers with access to thousands of items delivered the same day. As part of the promotion, running through February 28, customers can get one free delivery on a myDG Delivery order using their myDG account.


Customers can also choose to receive their order within one hour or less for an additional $1 ASAP fee. Partners such as DoorDash and Uber Eats extend DG’s delivery reach even further, with delivery coverage at over 18,000 Dollar General stores.


Since 1939, Dollar General has served communities across the U.S. with convenient access to affordable household essentials and continues to invest in solutions, like myDG Delivery, that simplify shopping and deliver value. To access weekly deals, clip digital coupons and cash back offers or learn more about delivery, visit dollargeneral.com.


* Prices not valid in the city of Philadelphia, PA


About Dollar General Corporation


Dollar General Corporation (NYSE: DG) is proud to serve as America’s neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of October 31, 2025, the Company’s 20,901 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world’s most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260130658312/en/
dgpr@dollargeneral.com


Original: Dollar General Launches its Latest “7 Days of Savings” Event February 1-7

DG, reports Thursday

DG reports Tuesday 6/3 according to Seeking Alpha

Dollar General DG is one of the few names that can and has thrived in a economic downturn. The chart looks primed. Did a video on it recently: Dollar General is one to watch in an economic downturn

dg again stick to the defensive plays like this until market finds direction gl

87's :)

86's helloo :) dollar stores gonna be one of the biggest gainers if recession hit's usa, looks like it so far if tariff wars won't stop

got that 80 key break :)

sold half riding rest, 80 break will be key here

finally got a starter on dip today for longer term swing.

yep eyeng this one for swing trade

So, 52wk high at 168. There is no way this isn't a blip in time. This has to return to it's highs. Nothing really bad happened to bring it down here. We'll be back and at least get Dividends along the way!

$200;?.?.?.?

Those who sold at $74 must be upset 😢 now

Let's hope for a great earnings tomorrow and a return to 120+

Interesting revenues profits

Maybe dol buys this

A lot of locations

$220 , is this going to zero

I just want to say what a disgusting company this is to its employees and I hope it goes bankrupt. I worked there and was unjustly fired a few weeks ago. I only worked their for two months or so. I was harrassed many times by my superiors with down right hateful language and then fired when I finally said I wasn't going to be talked to that way any more. I've never had a more miserable experience in my 🧬 Fe and the pay is the bottom of the barrel compared to other jobs of similar nature. I was threatened with violence by my superiors as well and they did nothing about it when I told them about it. Instead they fired me since I was the new guy I guess. Never once missed work or called in while I constantly was called in to fill other people's shift who constantly called in. Never complained once. I was the best worker they had. I even have a college degree and sales experience. I could have really helped this company out and qualify for way higher positions than I was working if I applied for them. But this was literally disgusting.

Any shareholders from $220

From $200 ????

Still making lots of money

Wonder if bottom

I thought that DG was supposed to be where people shopped when they were broke. Says to me people are so poor they can't even shop at the dollar general.

Lackluster consumer confidence is negatively affecting discount retailers such as Dollar General and Big Lots

https://www.zerohedge.com/economics/more-high-profile-retail-stores-are-getting-kicked-teeth

Dollar General Shares Crash After Earnings Miss & Outlook Slashed On "Financially Constrained Core Consumer"

https://www.zerohedge.com/markets/dollar-general-shares-crash-after-earnings-miss-outlook-slashed-financially-constrained

$220 some time ago

Great 👍 flipping a while back, easier after the fact

Maybe dol buys them

Maybe maybe, should lower prices, guessing

Is this going fka

Makes a lot of money

Nice run from $100

Interesting if they merge with dol