HighGravityData

Dollar General — Dec 5, 2024 release

Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-24-125759
Open on SEC.gov ↗
Showing in the filing
Real estate projects
“approximately 4,885”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 19
Quarterly cash dividend declared for FY2025
“$0.59 per share”
Quarterly cash dividend
“$0.59 per share”
Estimated hurricane-related negative impact for Q4 FY2024
“approximately $10 million”
Net sales growth for FY2024
“in the range of approximately 4.8% to 5.1%”
Same-store sales growth for FY2024
“in the range of approximately 1.1% to 1.4%”
Diluted EPS for FY2024
“in the range of approximately $5.50 to $5.90”
Diluted EPS effective tax rate assumption for FY2024
“approximately 23%”
Effective tax rate for FY2024
“approximately 23%”
Capital expenditures for FY2025
“$1.3 billion to $1.4 billion”
Capital expenditures for FY2024
“$1.3 billion to $1.4 billion”
Real estate projects for FY2024
“2,435 real estate projects, including 730 new store openings, 1,620 remodels, and 85 store relocations”
Share repurchases assumption for FY2024
“no share repurchases”
Real estate projects for FY2025
“approximately 4,885”
New store openings 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”
Remodels through Project Renovate for FY2025
“approximately 2,000”
Remodels through Project Elevate for FY2025
“approximately 2,250”
Store relocations for FY2025
“approximately 45”
Exhibit 99.1 · the passage around this item
… earlier in the release
Ultimately, our goal is to further enhance the associate and customer experience in our mature stores, while also driving incremental sales growth.”   For the fiscal year ending January 30, 2026 (“fiscal year 2025”), the Company plans to execute approximately 4,885 real estate projects, including opening approximately 575 new stores in the U.S., (as well as up to 15 new stores in Mexico), fully remodeling approximately 2,000 stores, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 45 stores.   Conference Call Information The Company will hold a conference call on December 5, 2024 at 8:00 a.m. CT/9:00 a.m. ET, hosted by Todd Vasos, chief executive officer, and Kelly Dilts, chief financial officer. To participate via telephone, please call (877) 407-0890 at least 10 minutes before the conference call is scheduled to begin. The conference ID is 13749885. There will also be a live webcast of the call available at https://investor.dollargeneral.com under “News & Events, Events & Presentations.” A replay of the conference call will be available through January 2, 2025, and will be accessible via webcast replay or by calling (877) 660-6853. The conference ID for the telephonic replay is 13749885.         Forward-Looking Statements This press release contains forward-looking information within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act. Forward-looking statements include those regarding the Company’s outlook, strategy, initiatives, plans, intentions or beliefs, including, but not limited to, statements made within the quotations of Mr. Vasos and Ms. Dilts, and in the sections entitled “S
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.