Dollar General Posts Decline in 1Q Earnings

Dollar General Corp. yesterday said its first-quarter net income was down about 27%, to $34.9 million, compared with year-ago results, after charges related to the closing of 153 stores in the period, which ended May 4.

GOODLETTSVILLE, Tenn. — Dollar General Corp. here yesterday said its first-quarter net income was down about 27%, to $34.9 million, compared with year-ago results, after charges related to the closing of 153 stores in the period, which ended May 4. Sales were up 5.8%, to $2.28 billion, which reflected same-store sales gains of 2.4% and the addition of 104 net new stores since the year-ago quarter. In addition to expenses of $29.6 million related to store closures, the company also incurred ex

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