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Dollar General Corporate Profile

Dollar General

 
S&P Rated: Investment Grade BBB

 

Current Annual Revenue: $17.50 billion
Current Gross Profit: $5.44 billion
Current Annual Net Income: $1.03 billion
2013 Fiscal Yr. Revenue Growth: 9.25%

Dollar General Corporation (NYSE: DG) is the nation’s largest small-box discount retailer. Dollar General has over 90,000 employees operating over 11,100 locations in 40 states and has plans to open approximately 20-30 new stores per month throughout the next several years. Throughout the recession, Dollar General has performed extremely well and has enjoyed rapid growth by offering consumer necessity retail goods at discounted prices for low- to middle-income families. Dollar General strives to make shopping for everyday needs simpler and hassle-free by offering a carefully edited assortment of the most popular brands at low everyday prices in small, convenient locations. Dollar General ranks among the largest retailers of top-quality brands made by America’s most trusted manufacturers, such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg’s, General Mills, Nabisco, Hanes, PepsiCo, and Coca-Cola. As opposed to larger discount retailers such as Wal-Mart and Target, Dollar General has focused on small neighborhood stores with a smaller footprint to reduce overhead costs and provide a simpler and more-convenient shopping experience for its customers.

Written By: Staff




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