Dollar General Stock Price, News & Analysis

Dollar General Corporation (NYSE: DG) is set to release its financial results for the fiscal 2021 first quarter on May 27, 2021. The announcement will be followed by a conference call featuring CEO Todd Vasos, COO Jeff Owen, and CFO John Garratt at 9:00 a.m. CT/10:00 a.m. ET. Interested participants can join by calling (877) 407-0890 or via a live webcast on the company’s investor relations page. A replay will be available until June 24, 2021. Dollar General operates over 17,266 stores across 46 states, providing low-priced everyday products from various trusted manufacturers.

Dollar General (NYSE: DG) has partnered with the Arbor Day Foundation, committing $100,000 to plant over 20,000 trees across Florida, Illinois, Michigan, and Ohio. The initiative aims to reforest areas impacted by deforestation and enhance local ecosystems. In addition to financial support, Dollar General will engage employees in community tree planting events in Nashville, Minneapolis, Albuquerque, and Durham this fall. The company continues its commitment to sustainability through its recycling initiative, which has saved nearly 35 million trees since 2008.

Dollar General (NYSE: DG) plans to hire 20,000 employees this spring, hosting hiring events from April 19-23. The initiative supports growth across various operations including store, distribution, and corporate. Candidates can explore career opportunities on Dollar General's site. The company emphasizes its commitment to community and diversity, with incentives such as competitive wages, award-winning training, and benefits like tuition reimbursement. With over 17,000 stores nationwide, Dollar General aims to be an employer of choice by fostering employee development and inclusion.

Dollar General (NYSE: DG) has announced the retirement of Mike Kindy, executive vice president of global supply chain, effective April 15, 2021. Kindy has been with the company since 2008 and has played a key role in its supply chain expansion, including the addition of distribution centers and the DG Fresh initiative. Tony Zuazo will take over as executive vice president, while Rod West has been promoted to senior vice president of distribution. The leadership transition is expected to drive the company forward.

Dollar General Corporation (NYSE: DG) reported robust financial results for Q4 and FY 2020, highlighting a 17.6% increase in Q4 net sales ($8.4 billion) and a 21.6% increase for the fiscal year ($33.7 billion). Same-store sales rose 12.7% in Q4 and 16.3% for the year. Operating profit surged 21.0% in Q4 to $872.2 million and 54.4% for the full year to $3.6 billion. Diluted EPS reached $2.62 in Q4 (+24.8%) and $10.62 for the year (+59.9%). The company announced a quarterly dividend increase of 16.7% and expanded its share repurchase program.

Dollar General Corporation (NYSE: DG) will release its financial results for the fiscal 2020 fourth quarter and full year ended January 29, 2021, on March 18, 2021. The conference call to discuss these results will be hosted by CEO Todd Vasos, COO Jeff Owen, and CFO John Garratt at 9:00 a.m. CT. To participate, call (877) 407-0890 using conference ID 13715128. A live webcast will also be available, and a replay will be accessible until April 15, 2021. As of October 30, 2020, Dollar General operated 16,979 stores across 46 states, offering a range of products at low prices.

Dollar General (NYSE: DG) has announced its role as the Value Sector Lead Partner for the Consortium to Reinvent the Retail Bag. This initiative, part of the Beyond the Bag Initiative, aims to develop sustainable alternatives to plastic retail bags. Launched in July 2020, the initiative has received over 450 submissions from 60+ countries. Dollar General will focus on integrating viable solutions into its operations across 17,000 stores. The Consortium, which includes major retailers like CVS, Target, and Walmart, seeks to drive eco-friendly innovations in retail.

Dollar General Corporation (NYSE: DG) reported strong Q3 2020 results, with net sales up 17.3% to $8.2 billion. Same-store sales rose 12.2%, driven by increased transaction amounts, despite a decline in foot traffic. Operating profit surged 57.3% to $773.1 million, while diluted EPS climbed 62.7% to $2.31. The company returned $990 million to shareholders and declared a $0.36 dividend. Year-to-date cash flows from operations reached $3.4 billion. Plans for Q4 include $75 million in appreciation bonuses for frontline employees. Despite uncertainties from COVID-19, Dollar General anticipates continued growth.