Dollar General Stock Price, News & Analysis

Dollar General (NYSE: DG) has announced it will release its fiscal 2024 third quarter financial results on December 5, 2024. CEO Todd Vasos and CFO Kelly Dilts will host a conference call at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss earnings results and potential material business information. The company operates 20,345 stores across various formats including Dollar General, DG Market, DGX, pOpshelf, and Mi Súper Dollar General in Mexico, offering everyday essentials, food, health products, and seasonal décor.

Dollar General (NYSE: DG) announces major holiday sales initiative 'DG Deal Days' running from October 31 through December 21, featuring discounts on over 6,000 items. The promotion includes weekly three-day sales events every Thursday through Saturday with 25% and 50% off discounts, buy-one-get-one deals, and stackable savings with existing $5 off $25 Saturday offers. The kickoff week features 50% off home items, holiday candles, and various BOGO deals. The company maintains approximately 2,000 items priced at $1 or less and offers additional savings through myDG accounts, digital coupons, and DG Cash Back.

pOpshelf announced a chainwide customer appreciation event for Saturday, October 19 at all locations in 21 states. The event will include 20% off coupons and complimentary product samples for the first 50 adult customers. Additionally, pOpshelf revealed several exciting updates:

1. A new loyalty program called 'pOpshelf perks' is expected to launch by year-end, offering points and exclusive rewards.

2. An updated customer app is now available, allowing users to browse décor ideas, find inspiration, and shop online for in-store pickup.

3. A new store format has been implemented across all locations, featuring a refreshed layout and additional product offerings.

These updates reflect pOpshelf's commitment to enhancing the customer experience both in-store and on-the-go.

Dollar General (NYSE: DG) is launching a new holiday toy guide and deals to offer affordable toys from top brands this holiday season. Nearly every toy is priced under $20, with most under $10. The company is introducing several initiatives:

1. DG Deal Days: Weekly promotions from Halloween to Christmas, including buy one, get one 75% off and 25% off $75 purchases.

2. Stacked Savings: Additional $5 off $25 weekly and digital coupons via the myDG App.

3. New Holiday Toy Guide: Launching digitally mid-October and in print on November 1, featuring brands like Disney, Hasbro, LEGO, Mattel, and Melissa & Doug.

Dollar General aims to provide affordable options for families during the holiday season, especially in rural communities where 80% of its stores are located.

Dollar General (NYSE: DG) has donated an additional $1 million to the American Red Cross for hurricane response efforts, bringing their total disaster relief support to over $2 million in 2024. This donation supports recovery from Hurricanes Helene and Milton. DG's annual support to the Red Cross now exceeds $1.2 million.

The company is leveraging its store and distribution network to aid affected areas. DG's initiatives include partnerships with World Central Kitchen, Feeding America, and the Kids In Need Foundation. Customers can contribute to relief efforts at DG stores. The Dollar General Literacy Foundation is also accepting applications for grants to help rebuild school libraries.

As of August 2, 2024, Dollar General operates 20,345 stores across the United States and Mexico, offering a wide range of everyday essentials and trusted brands.

Dollar General (NYSE: DG) has advised shareholders against accepting an unsolicited 'mini-tender' offer from TRC Capital Investment TRC Capital is attempting to purchase up to 1,500,000 shares of Dollar General's common stock, less than 1% of the outstanding shares, at $82.20 per share. This offer price is approximately 4.43% lower than the closing price on September 20, 2024.

Dollar General recommends shareholders not tender their shares due to the below-market price and various conditions attached to the offer. The company emphasizes it is not affiliated with TRC Capital or this offer. Dollar General also highlights the SEC's cautionary guidance on mini-tender offers, which often avoid many disclosure and procedural requirements designed to protect shareholders.

Dollar General (NYSE: DG) has announced a partnership with World Central Kitchen (WCK) to support disaster response following Hurricane Francine. The collaboration includes the deployment of a new DG-supported Rapid Response Field Kitchen, capable of providing up to 3,000 hot meals and 1,500 sandwiches daily in hard-to-reach areas. This custom-designed, all-terrain vehicle allows WCK to begin cooking within hours of arrival.

The partnership, extending through 2029, demonstrates Dollar General's commitment to community support during crises. In addition to the WCK collaboration, DG continues its partnership with the Red Cross for disaster relief and supports school library rebuilding through its Beyond Words program.

Dollar General (NYSE: DG) reported its fiscal 2024 second quarter results, showing net sales increase of 4.2% to $10.2 billion and same-store sales growth of 0.5%. However, the company faced challenges with operating profit decreasing 20.6% to $550.0 million and diluted EPS declining 20.2% to $1.70. The company updated its fiscal year 2024 guidance, lowering expectations for net sales growth and same-store sales growth. Dollar General now projects diluted EPS in the range of $5.50 to $6.20, down from the previous estimate of $6.80 to $7.55. Despite these challenges, the company remains focused on its 'Back to Basics' plan and is taking action to enhance its value offering and in-store experience.

Dollar General (NYSE: DG) has announced its participation in the Goldman Sachs 31st Annual Global Retailing Conference on September 4, 2024 at 12:30 p.m. ET. The company's management will engage in a fireside chat, which will be livestreamed on the Dollar General investor relations website. A replay will be available until October 2, 2024.

Dollar General, founded in 1939, operates 20,149 stores across the United States and Mexico under various brands. The company offers affordable everyday essentials, including food, health products, cleaning supplies, and seasonal décor from both private labels and trusted brands. Dollar General's mission focuses on serving communities by providing accessible products, career opportunities, and support for literacy and education initiatives.