Sales, Profits Soar at Dollar General in Q1

A influx of new customers, as well as more frequent visits from returning shoppers, sent sales and profitability soaring for Dollar General in its fiscal first quarter, the retailer said Tuesday.

GOODLETTSVILLE, Tenn. — A influx of new customers, as well as more frequent visits from returning shoppers, sent sales and profitability soaring for Dollar General in its fiscal first quarter, the retailer said Tuesday.

Same-store sales increased by 13.3% in the quarter, which ended May 1, as Dollar General generated net income of $83 million on sales of $2.8 billion. Sales improved by 15.7% compared with the same period last year, and profits were up by 1,307% from $5.8 millio

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