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
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
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
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
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
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,
GOODLETTSVILLE, Tenn. —Dollar General Corp. reported Tuesday that its same-store sales increased 2.8% in the third quarter. Net sales increased 8.7% to to $6.4 billion. The company reported net income of $334 million for the third quarter of 2018, up from $253 million in the third quarter of 2017. Diluted earnings per share grew 35.5%
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
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
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
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
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