From Yahoo Finance: 2025-06-04 06:14:00

US discount store chain Dollar General saw a 5.3% increase in net sales to $10.4bn in Q1 FY25, driven by new stores and a 2.4% rise in same-store sales. Operating profit also rose by 5.5% to $576.1m, with gross profit improving to 31%. Net income grew 7.9% to $391.9m.

Dollar General CEO Todd Vasos highlighted positive outcomes in operational performance and financial results, leading to market share gains in sales and growth with core and trade-in customers. The company updated its FY25 guidance, now expecting net sales growth of 3.7-4.7% and diluted EPS of $5.20-$5.80.

The company plans to carry out 4,885 real estate projects in FY25, including store openings and remodels. In March 2025, Dollar General partnered with DoorDash to offer Supplemental Nutrition Assistance Program/Electronic Benefits Transfer payment options at 16,000 locations through DoorDash Marketplace.

Read more: Dollar General sees strong Q1 sales and EPS, and raises FY25 guidance