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
Same-store sales growth
“in the range of approximately 1.2% to 2.2%”
Period
FY2025
Measure
Company-defined measure
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
Fiscal Year 2025 Financial Guidance and Store Growth Outlook
For fiscal 2025, the Company expects the following:
· Net
sales growth in the range of approximately 3.4% to 4.4%
· Same-store sales growth in the range of approximately 1.2% to
2.2%
· Diluted
EPS in the range of approximately $5.10 to $5.80
o Diluted
EPS guidance assumes an effective tax rate of approximately 23.5%
· Capital
expenditures, including those related to investments in the Company’s strategic initiatives,
in the range of $1.3 billion to $1.4 billion
The Company is also reiterating its plans to execute approximately
4,885 real estate projects in fiscal 2025, including opening approximately 575 new stores in the U.S. 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
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.