Dollar General Stock Price, News & Analysis

Dollar General (NYSE: DG) announced a $1 million donation to Feeding America on its one-year partnership anniversary, enhancing efforts to combat food insecurity. This donation complements ongoing in-kind contributions from DG stores nationwide. The goal is to provide equitable access to nutritious food, aiming to deliver up to 20 million meals annually. In fiscal 2021, DG contributed over 4.5 million pounds of food, equating to more than 3.7 million meals, and plans to offer fresh produce in 10,000 stores, addressing needs in food deserts.

Dollar General (NYSE: DG) extends its partnership with the American Red Cross with a $250,000 donation to aid recovery efforts in Kentucky after recent floods, alongside an additional $50,000 in product donations. The company also supports over 18,000 stores nationwide in collecting funds for disaster relief. Since 2010, Dollar General has contributed over $6.4 million for disaster recovery efforts across various natural disasters. These actions reinforce its commitment to Serving Others and supporting local communities in need.

Dollar General Corporation (NYSE: DG) has announced plans to release its financial results for the second quarter of fiscal 2022, ending on July 29, 2022, on August 25, 2022. The release will be followed by a conference call at 9:00 a.m. CT where CEO Todd Vasos, COO Jeff Owen, and CFO John Garratt will discuss earnings results and may provide additional business insights. Investors can participate via telephone or by joining a live webcast. Dollar General operates 18,356 stores across 47 states, offering a range of frequently used products at low prices.

Dollar General Corporation (NYSE: DG) has announced the appointment of Ana Chadwick, currently serving as executive vice president and CFO at Pitney Bowes, to its board of directors effective July 30, 2022. Chadwick brings over 25 years of financial and operational expertise, having previously worked for General Electric in various leadership roles. Her addition expands Dollar General's board to nine members, enhancing its strategic capabilities. As a member of the audit committee, Chadwick is expected to contribute significantly to the company's growth and shareholder value.

Dollar General (NYSE: DG) has announced the formation of a new Healthcare Advisory Panel led by Chief Medical Officer Dr. Albert Wu. The panel, consisting of industry experts, aims to guide DG's healthcare offerings and enhance its strategic approach to health and wellness. This initiative follows last year's commitment to expand healthcare access in rural communities, which includes developing solutions to improve health outcomes. The advisory panel features professionals from various sectors, including retail health and public health.

Dollar General (NYSE:DG) announced plans to construct three new distribution centers in North Little Rock, Arkansas; Aurora, Colorado; and Salem, Oregon. This initiative is projected to create approximately 1,100 new jobs and involves a total investment of around $480 million. Each facility will span about one million square feet and enhance Dollar General's DG Private Fleet capabilities. Construction commencement is expected between fall 2022 and late 2023.

Dollar General is holding a nationwide interview day on June 22, 2022, from 1-5 p.m. local time, to attract new employees across its stores and distribution centers. This initiative aims to enhance customer service and expand career growth opportunities. Candidates can explore various positions, including sales associates and management roles. Additional hiring events for DG Private Fleet will occur in select markets. The company offers competitive benefits, such as 401k plans and education programs, aiming to attract job seekers looking for rewarding careers.

Dollar General Corp. (NYSE: DG) has announced an evolution of its retail media network, DGMN, aimed at enhancing engagement with its customer base of over 90% through targeted digital strategies. The network, which builds on previous initiatives since 2018, leverages first-party data to create personalized marketing solutions, particularly for underserved rural markets. DGMN's partnerships include leaders like The Trade Desk and Google Ad Manager, allowing for advanced data analytics and campaign effectiveness. With over 4 million active app users, the media network is expanding its footprint.