PRO_1170x120_4-1-19

Todd Vasos

Dollar General promotes two executives

Dollar General promotes two executives

GOODLETTSVILLE, Tenn. — Dollar General Corp. on Thursday reported solid Q2 fiscal results and announced management moves that it says will strengthen the company and support continued growth. Jeffery Owen, 49, has been named chief operating officer with responsibility for store operations, merchandising and supply chain. Owen, a Dollar General veteran with more than 25

Aggressive expansion still works

GOODLETTSVILLE, Tenn. — Maintaining an aggressive growth strategy, Dollar General Corp. will open 975 stores this fiscal year and remodel another 900. The company projects 2019 capital expenditures of $775 million to $824 million, up from $734 million last year. Capturing growth opportunities is an operating priority, chief executive officer Todd Vasos said during a

Dollar General’s revenue rises in Q4

Dollar General’s revenue rises in Q4

GOODLETTSVILLE, Tenn. — Dollar General Corp. reported that its fiscal fourth quarter revenue rose more than 8% to $6.65 billion, compared with $6.13 billion in the fourth quarter of the prior year. For the full year, revenue increased 9.2%, the company said on Thursday. Comparable-store sales were up 4% in the quarter ended February 1,

Dollar General beats earnings estimates in Q2

Dollar General beats earnings estimates in Q2

GOODLETTSVILLE, Tenn. — Dollar General Corp. posted sales and earnings gains that beat Wall Street estimates in the second quarter. Net sales increased 10.6% to $6.4 billion in 13 weeks ended August 3, up from $5.8 billion in comparable prior year period. Same-store sales increased 3.7%, driven by increases in average transaction amount and customer traffic. The company

Dollar General posts sales gains in first quarter

Dollar General posts sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General Corp. said Thursday that revenue jumped 30.5% to $6.1 billion in its first quarter as net sales increased 9%. Comparable-store sales rose 2.1% in the 13 weeks to May 4. First-quarter net income rose 9% to $365 million, or $1.36 per share. Dollar General reiterated its forecast for full-year earnings

Dollar General reports strong sales gains in Q3

Dollar General reports strong sales gains in Q3

GOODLETTSVILLE, Tenn. — Dollar General Corp. reported strong financial results for its 13-week fiscal 2017 third quarter ended November 3. “We are pleased with our overall third quarter results, which include a strong same-store sales growth of 4.3% and increases in both average transaction amount and customer traffic over the 2016 third quarter. During the

Dollar General names Jason Reiser chief merchant

Dollar General names Jason Reiser chief merchant

GOODLETTSVILLE, Tenn. — Dollar General Corp. has named Jason Reiser as executive vice president and chief merchandising officer. Plans call for Reiser, currently executive vice president and chief operating officer at The Vitamin Shoppe, to join Dollar General on July 12. He will replace Jim Thorpe, who recently retired from Dollar General, which operates some

Dollar General’s Q1 results beat expectations

Dollar General’s Q1 results beat expectations

GOODLETTSVILLE, Tenn. — Dollar General Corp.’s first quarter sales and profits beat Wall Street’s expectations, as the chain benefited from higher consumer spending and reduced ad costs. Same-store sales in the quarter ended May 5 climbed 0.7%, just above the 0.6% increase projected by analysts. Expenses rose 8.2% on higher wages and training for store

Dollar General enters 44th state

Dollar General enters 44th state

GOODLETTSVILLE, Tenn. — Dollar General Corp. expanded into its 44th state on Sunday with the opening of a store in Hankinson, North Dakota. The company said it plans to open six additional stores in the state through this spring. “Celebrating today’s grand opening in North Dakota is very exciting for Dollar General,” Dollar General chief