Dollar General is a leading discount retailer that operates a vast network of stores across the United States
The company specializes in providing a wide range of everyday household items, including groceries, cleaning supplies, health and beauty products, and seasonal goods, all at affordable prices. By focusing on smaller-store formats located in rural and suburban areas, Dollar General aims to make shopping convenient and accessible for its customers, often emphasizing value and budget-conscious shopping experiences. The company has built a reputation for its commitment to low prices and a straightforward shopping environment, appealing to a diverse demographic of consumers seeking essential products.
Dollar General shares rise in premarket trading after reporting a 4.5% sales growth for Q4, reaching $10.304 billion, surpassing analysts' expectations. The company also declared a quarterly dividend of $0.59 per share, while plans to close 96 Dollar General stores and 45 pOpshelf stores.
Discount retailer Dollar General (NYSEDG) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.5% year on year to $10.3 billion. Its GAAP profit of $0.87 per share was 42% below analysts’ consensus estimates.
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