Dollar General reports 4.0% same-store sales growth for Q4

Source: Dollar General, Friday, Mar 15, 2019

Dollar General has reported financial results for its fiscal year 2018 fourth quarter (13 weeks) and fiscal year (52 weeks) ended 1 February, 2019.  Fourth quarter net sales increased 8.5% to USD6.6 billion while fiscal year net sales increased 9.2%  to USD25.6 billion compared to USD23.5 billion in the fiscal year 2017.

Fourth quarter same-store sales increased by 4.0% and fiscal year same-store sales increased by 3.2%. In 2019, the retailer plans to execute approximately 2,075 real estate projects, including 975 new store openings, 1,000 mature store remodels, and 100 store relocations.