HighGravityDataDollar General — Mar 11, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-023210
Showing in the filing
Quarterly cash dividend
“$0.59 per share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 16
Quarterly cash dividend
“$0.59 per share”
Net sales growth for FY2025
“in the range of approximately 3.4% to 4.4%”
Same-store sales growth for FY2025
“in the range of approximately 1.2% to 2.2%”
Diluted EPS for FY2025
“in the range of approximately $5.10 to $5.80”
Effective tax rate (Diluted EPS assumption) for FY2025
“approximately 23.5%”
Capital expenditures for FY2025
“$1.3 billion to $1.4 billion”
Real estate projects for FY2025
“approximately 4,885”
New stores in the U.S. for FY2025
“approximately 575”
New stores in Mexico for FY2025
“up to 15”
Full store remodels for FY2025
“approximately 2,000”
Project Elevate remodels for FY2025
“approximately 2,250”
Store relocations for FY2025
“approximately 45”
Share repurchases for FY2025
“no share repurchases”
Operating Margin* for FY2028
“Approximately 6% - 7%”
Diluted Earnings Per Share Growth* for FY2026
“10%+”
New Unit Growth for FY2025
“Approximately 2%”
Exhibit 99.1 · the passage around this item
… earlier in the release
· Fourth
Quarter Net Sales Increased 4.5% to $10.3 Billion; Fiscal Year Net Sales Increased 5.0% to
$40.6 Billion
· Fourth
Quarter Same-Store Sales Increased 1.2%; Fiscal Year Same-Store Sales Increased 1.4%
· Fourth
Quarter Operating Profit Decreased 49.2% to $294.2 Million; Fiscal Year Operating Profit
Decreased 29.9% to $1.7 Billion
o Includes
Charges of $232 Million Associated with Store Portfolio Review in Fourth Quarter, Primarily
Due to Store Closures and pOpshelf Impairment Charges
· Fourth
Quarter Diluted EPS Decreased 52.5% to $0.87; Fiscal Year Diluted EPS Decreased 32.3% to
$5.11
o Includes
Negative Impact of Approximately $0.81 Per Share Associated with Store Portfolio Review in
Fourth Quarter, Primarily Due to Store Closures and pOpshelf Impairment Charges
· Annual
Cash Flows From Operations Increased 25.3% to $3.0 Billion
· Board
of Directors Declares Quarterly Cash Dividend of $0.59 per share
“We were pleased with the underlying performance of the business
in the fourth quarter, including improved execution and solid top-line results,” said Todd Vasos, Dollar General’s chief
executive officer. “As we reflect on our full fiscal 2024 year, we believe our Back to Basics work is resonating with customers,
as demonstrated by higher customer satisfaction scores and healthy market share gains.”
“I want to thank each of our associates for their
dedication to fulfilling our mission of Serving Others every day. Looking ahead, we believe we are well-positioned to deliver
our unique combination of value and convenience at a time when our customers need it most. We have fortified the foundation of this
business over the last year and are confident in our plans and initiatives for 2025 and beyond, as we look to further build on this
base and create sustainable long-term value for our shareholders.”
Fourth Quarter Fiscal 2024 Highlights
Net sales increased 4.5% to $10.3 billion in the fourth quarter of
fiscal 2024 compared to $9.9 billion in the fourth quarter of fiscal 2023. The net sales increase was driven by positive sales contributions
from new
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.