Dollar General — May 29, 2025 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001104659-25-055706
Showing in the filing
Real estate projects
“approximately 4,885”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 13
Quarterly cash dividend for FY2025
“$0.59 per share”
Net sales growth for FY2025
“approximately 3.7% to 4.7%”
Same-store sales growth for FY2025
“approximately 1.5% to 2.5%”
Diluted EPS for FY2025
“approximately $5.20 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”
Share repurchases for FY2025
“no share repurchases”
Real estate projects for FY2025
“approximately 4,885”
New store openings (U.S.) for FY2025
“approximately 575”
New store openings (Mexico) for FY2025
“up to 15”
Store remodels (Project Renovate) for FY2025
“approximately 2,000”
Store remodels (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
As a result, the Company now expects
the following for the fiscal year ending January 30, 2026 ("fiscal year 2025"):
· Net
sales growth of approximately 3.7% to 4.7%, compared to its previous expectation of approximately
3.4% to 4.4%
· Same-store
sales growth of approximately 1.5% to 2.5%, compared to its previous expectation of approximately
1.2% to 2.2%
· Diluted
EPS approximately $5.20 to $5.80, compared to its previous expectation of approximately $5.10
to $5.80
o Diluted EPS guidance continues to assume
an effective tax rate of approximately 23.5%
The Company continues to expect 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's financial guidance continues
to assume no share repurchases in fiscal year 2025.
The Company is also reiterating its
plans to execute approximately 4,885 real estate projects in fiscal year 2025, including opening approximately 575 new stores in the
U.S. and up to 15 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250
stores through Project Elevate, and relocating approximately 45 stores.
Conference Call Information
The Company will hold a conference call
on June 3, 2025 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 13753584. 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 July 1, 2025, and will
be accessible via webcast replay or by calling (877) 660-6853. The conference ID for the telephonic replay is 13753584.
Forward-Looking Statements
This press release contains forward-looking
information within the meaning of the federal securities laws, including the Private Securities Litigation Refo
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.