Pricing, Convenience Drive Dollar General’s Q1 Results

GOODLETTSVILLE, Tenn. — Saying its combination of convenience and everyday low prices resonates with recession-addled consumers, Dollar General posted increases in sales, earnings and gross margins during the first quarter.

GOODLETTSVILLE, Tenn. — Saying its combination of convenience and everyday low prices resonates with recession-addled consumers, Dollar General posted increases in sales, earnings and gross margins during the first quarter.

Net income of $136 million was up 64%, and gross margin as a percentage of sales improved 136 basis points to 32.1%, as improvements in merchandising, buying and sales mix lowered

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