Dollar General Corporation Reports Second Quarter 2024 Results

Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2024 second quarter (13 weeks) ended August 2, 2024.

• Net sales increased 4.2% to $10.2 billion
• Same-store sales increased 0.5%
• Operating profit fell 20.6% to $550.0 million
• Diluted earnings per share (EPS) fell 20.2% to $1.70
• Year-to-date cash flows from operating activities of $1.7 billion
• Board of Directors Declares Quarterly Dividend of $0.59 Per Share

“We made significant progress on our Back to Basics plan in the second quarter,” said Todd Vasos, CEO of Dollar General. “Despite achieving several of our operational goals and driving positive traffic growth, we were not satisfied with our financial results, including topline results that were below our expectations for the quarter.”