Dollar General Posts Sales, Profit Gains

Consumers focused on value continued to drive increases in sales and profits for Dollar General, the retailer said Tuesday.

GOODLETTESVILLE, Tenn. — Consumers focused on value continued to drive increases in sales and profits for Dollar General here, the retailer said Tuesday.

Net income increased by 47.8% to $81.9 million on sales gains of 11.2% to $2.85 billion for the fourth quarter, which ended Jan. 30. Gross profit as a percent of sales climbed by 51 basis points to 29.4%. Sales have continued to climb during the first weeks of the new fiscal year, with same-store sales up by 15.1% during Febru

Register to view the full article

test - Advanced Registered User

Already a member? .