Dollar General Stock Price, News & Analysis

Dollar General Corporation (NYSE: DG) is set to release its fiscal 2021 second quarter financial results for the period ending July 30, 2021, on August 26, 2021. A conference call will be hosted by CEO Todd Vasos, COO Jeff Owen, and CFO John Garratt at 9:00 a.m. CT/10:00 a.m. ET on the same day. To participate, dial (877) 407-0890 and enter conference ID 13720935. The call will also be available via live webcast and will be accessible for replay until September 23, 2021.

Dollar General (NYSE:DG) has launched its first two DG Market + pOpshelf store combinations in the Nashville area, located at White House and Hermitage, Tennessee. This innovative store format aims to enhance the shopping experience by offering a mix of grocery items and unique, affordable merchandise. The company will celebrate with a grand opening on July 31, 2021, where the first 100 adult customers at each location will receive $10 gift cards. Dollar General plans to open additional combination stores, aiming for a total of 25 by the end of the fiscal year.

Dollar General (NYSE: DG) announced plans to hire up to 50,000 employees by Labor Day, reinforcing its commitment to job creation as the U.S. recovers from the COVID-19 pandemic. The hiring initiative will support 1,050 new store openings in FY 2021. Job opportunities span across 17,400 stores, distribution centers, and corporate operations. The company emphasizes career growth, offering extensive benefits like tuition reimbursement and development programs. Dollar General aims to enhance its diverse workforce and inclusive environment.

Dollar General Corporation (NYSE: DG) has announced a significant expansion of its healthcare offerings to enhance access for customers, especially in underserved rural areas. This initiative includes a wider selection of healthcare products such as cough and cold, dental, nutritional, and feminine hygiene items across its more than 17,000 stores. The appointment of Albert Wu, M.D. as Chief Medical Officer will spearhead this strategy, aiming to establish relationships with healthcare providers. This move reflects Dollar General's commitment to becoming a health destination for its community.

Dollar General (NYSE: DG) has announced a partnership with Feeding America, pledging $1 million to combat food insecurity in rural areas. The initiative aims to provide food resources and expand produce offerings in up to 10,000 stores, especially in USDA-defined food deserts. Currently, Dollar General offers fresh produce in over 1,300 stores. The collaboration intends to deliver up to 20 million meals annually and strengthen food donations to community food banks, enhancing support for underserved communities across the nation.

Dollar General reported its Q1 2021 results, showing a 0.6% decrease in net sales to $8.4 billion. Same-store sales fell 4.6%, impacted by reduced customer traffic. However, operating profit increased 4.9% to $908.9 million, with diluted EPS up 10.2% to $2.82. Gross profit margin improved to 32.8%, aided by better product mix and reduced markdowns, although offset by rising transportation costs. The company raised its fiscal 2021 guidance, now expecting a 1% decline to 1% increase in net sales and EPS between $9.50 and $10.20.

Dollar General Corporation (NYSE: DG) announced its participation in the 2021 RBC Capital Markets Consumer & Retail Conference on June 3, 2021, at 11:20 a.m. ET. A live webcast will be available on their investor relations website, with a replay accessible until June 17, 2021.

With over 80 years of service, Dollar General operates 17,266 stores across 46 states, offering low-priced essential products from trusted brands. The company continues to focus on helping customers save time and money.

Dollar General (NYSE: DG) released its FY 2020 Serving Others Report, highlighting the company’s commitment to employees, customers, and communities amid the COVID-19 pandemic. Recognized as a top corporate responder, DG emphasized its efforts in diversity, inclusion, and environmental stewardship. Key initiatives include a $5 million pledge for social justice, enhanced employee training programs, and the expansion of its Better For You initiative. Denine Torr has been promoted to Vice President, Corporate Social Responsibility, furthering DG's ESG goals.