HighGravityData

Dollar General — Mar 11, 2025 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-023210
Open on SEC.gov ↗
Showing in the filing
New stores in the U.S.
“approximately 575”
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%     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
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.