Dollar General — Mar 11, 2025 release
Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-023210
Showing in the filing
Share repurchases
“no share repurchases”
Period
FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 16
Quarterly cash dividend
“$0.59 per share”
Net sales growth for FY2025
“in the range of approximately 3.4% to 4.4%”
Same-store sales growth for FY2025
“in the range of approximately 1.2% to 2.2%”
Diluted EPS for FY2025
“in the range of approximately $5.10 to $5.80”
Effective tax rate (Diluted EPS assumption) for FY2025
“approximately 23.5%”
Capital expenditures for FY2025
“$1.3 billion to $1.4 billion”
Real estate projects for FY2025
“approximately 4,885”
New stores 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”
Project Elevate remodels for FY2025
“approximately 2,250”
Store relocations for FY2025
“approximately 45”
Share repurchases for FY2025
“no share repurchases”
Operating Margin* for FY2028
“Approximately 6% - 7%”
Diluted Earnings Per Share Growth* for FY2026
“10%+”
New Unit Growth for FY2025
“Approximately 2%”
Exhibit 99.1 · the passage around this item
… earlier in the release
and 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.
The Company’s financial guidance also assumes no share repurchases
in fiscal 2025.
Long-Term Financial Framework
The Company has updated its long-term financial framework, and is
targeting the following metrics over the next five years:
Key Metric
Annual Goal
Beginning
Net Sales Growth
Approximately 3.5% - 4%
2025
Same-Store Sales Growth
Approximately 2% - 3%
2025 - 2026
Operating Margin*
Approximately 6% - 7%
2028 - 2029
Diluted Earnings Per Share Growth*
10%+
2026
New Unit Growth
Approximately 2%
2025
Capital Expenditures
Approximately 3% of Net Sales
2025
* On an adjusted basis, when applicable
“As we build on our Back to Basics progress in 2025, we believe
we are making the right investments and taking the appropriate actions to begin moving toward our updated long-term financial goals in
the years ahead,” said Kelly Dilts, Dollar General’s chief financial officer. “We are confident in the future of this
business, and we are focused on driving sustainable long-term growth on both the top and bottom lines, while creating long-term shareholder
value.”
Conference
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.