NOLUMA_1170x120_10-11-19

Todd Vasos

Retailers respond to COVID-19: Dollar General

Retailers respond to COVID-19: Dollar General

Editor’s note: This is part of a series of articles on how retailers are responding to the COVID-19 crisis. For more than 80 years, Dollar General has been guided by our mission of Serving Others, and now is no different. We understand these are unprecedented times, and we continue to work actively to serve our

Dollar General thanks COVID-19 responders

Dollar General thanks COVID-19 responders

GOODLETTSVILLE, Tenn. — Dollar General is offering 10% discounts to people who are on the front lines of the COVID-19 crisis, the company said Monday. The discount is being offered on qualifying purchases to all medical personnel, first responders and activated National Guardsmen. To receive their discounts, individuals can present their employment badge or ID

Dollar General plans $35 million in bonuses

Dollar General plans $35 million in bonuses

GOODLETTSVILLE, Tenn. — Dollar General said Tuesday that it will give out about $35 million in bonuses to all its store, distribution center and private fleet employees. The retailer said eligible employees include those who work during a six-week period beginning in mid-March. Details of the bonuses were shared with employees beginning last week. “Dollar

Dollar General reports sales gains in Q4

Dollar General reports sales gains in Q4

GOODLETTSVILLE, Tenn. — Dollar General Corp. posted fourth quarter same-store gains that beat estimates. Net sales for the quarter ended January 31 increased 7.6% to $7.2 billion. Same-store sales increased 3.2% compared to the fourth quarter of 2018, driven by increases in both customer traffic and average transaction amount. The company reported net income of

Dollar General beats expectations in quarter

Dollar General beats expectations in quarter

GOODLETTSVILLE, Tenn. — Dollar General Corp. reported a strong performance in the third quarter of fiscal 2019, as both earnings and sales exceeded Wall Street expectations. Net income for the quarter ended November 1 advanced 9.4% to $365.6 million, or $1.42 per diluted share, which beat the average estimate of analysts surveyed by Zacks Investment

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