Fremont General Corporation

Dollar General Corporation Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, December 7, 2023

Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2023 third quarter (13 weeks) ended November 3, 2023.

Key Points: 
  • Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2023 third quarter (13 weeks) ended November 3, 2023.
  • Operating profit for the third quarter of 2023 decreased 41.1% to $433.5 million compared to $735.5 million in the third quarter of 2022.
  • The effective income tax rate for the third quarter of 2023 was 21.3% compared to 22.8% in the third quarter of 2022.
  • Diluted EPS decreased 45.9% to $1.26 for the third quarter of 2023 compared to diluted EPS of $2.33 in the third quarter of 2022.

Dollar General Corporation (DG) Investor Notice: Robbins LLP Reminds Investors of Dollar General Corporation Class Action

Retrieved on: 
Friday, December 1, 2023

Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired Dollar General Corporation (NYSE: DG) common stock between May 28, 2020 and August 30, 2023.

Key Points: 
  • Robbins LLP reminds investors that a shareholder filed a class action lawsuit on behalf of persons and entities that purchased or otherwise acquired Dollar General Corporation (NYSE: DG) common stock between May 28, 2020 and August 30, 2023.
  • On August 31, 2023, Dollar General reported poor 2Q23 financial results, slashing its sales and profit outlook for FY23.
  • On this news, the price of Dollar General stock declined $19.00 per share, or 12%, on August 31, 2023.
  • What Now: Similarly situated shareholders may be eligible to participate in the class action against Dollar General Corporation.

Dollar General Corporation Announces Webcast of its Third Quarter 2023 Earnings Conference Call

Retrieved on: 
Thursday, November 9, 2023

Dollar General Corporation (NYSE: DG) today announced that it plans to release its financial results for the fiscal 2023 third quarter ended November 3, 2023, on December 7, 2023.

Key Points: 
  • Dollar General Corporation (NYSE: DG) today announced that it plans to release its financial results for the fiscal 2023 third quarter ended November 3, 2023, on December 7, 2023.
  • In connection with the release, Todd Vasos, chief executive officer, and Kelly Dilts, chief financial officer, will host a conference call on December 7, 2023, at 9:00 a.m. CT/10:00 a.m.
  • During the call, the company will discuss the earnings results and may discuss material business, financial or other information that is not contained in the earnings release.
  • To participate via telephone, please call (877) 407-0890 at least 10 minutes before the conference call is scheduled to begin.

Dollar General Corporation Board of Directors Appoints Todd Vasos as Chief Executive Officer

Retrieved on: 
Thursday, October 12, 2023

Dollar General Corporation (NYSE: DG) announced Todd Vasos, current Board member and former Chief Executive Officer (CEO), has been appointed CEO effective today.

Key Points: 
  • Dollar General Corporation (NYSE: DG) announced Todd Vasos, current Board member and former Chief Executive Officer (CEO), has been appointed CEO effective today.
  • Vasos succeeds Jeff Owen, whose separation from the Company and resignation from its Board is effective today.
  • Vasos joined Dollar General in 2008 as Executive Vice President, Division President and Chief Merchandising Officer and was promoted to Chief Operating Officer in 2013.
  • Before joining Dollar General, Vasos served in leadership positions with Longs Drug Stores Corporation, Phar-Mor Food and Drug Inc., and Eckerd Corporation.

Dollar General Corporation Scheduled to Participate in the Goldman Sachs 30th Annual Global Retailing Conference

Retrieved on: 
Wednesday, September 6, 2023

Dollar General Corporation (NYSE: DG) today announced that Dollar General management plans to participate in a fireside chat at the Goldman Sachs 30th Annual Global Retailing Conference on September 13, 2023 at 12:30 p.m.

Key Points: 
  • Dollar General Corporation (NYSE: DG) today announced that Dollar General management plans to participate in a fireside chat at the Goldman Sachs 30th Annual Global Retailing Conference on September 13, 2023 at 12:30 p.m.
  • ET.
  • A live webcast will be available at https://investor.dollargeneral.com under “News & Events, Events & Presentations,” and a replay of the session will be accessible at the same location through October 13, 2023.

Dollar General Corporation Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, August 31, 2023

Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2023 second quarter (13 weeks) ended August 4, 2023.

Key Points: 
  • Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2023 second quarter (13 weeks) ended August 4, 2023.
  • Operating profit for the second quarter of 2023 decreased 24.2% to $692.3 million compared to $913.4 million in the second quarter of 2022.
  • The effective income tax rate for the second quarter of 2023 was 22.9% compared to 22.1% in the second quarter of 2022.
  • Diluted EPS decreased 28.5% to $2.13 for the second quarter of 2023 compared to diluted EPS of $2.98 in the second quarter of 2022.

Dollar General Corporation Announces Webcast of its Second Quarter 2023 Earnings Conference Call

Retrieved on: 
Thursday, August 3, 2023

Dollar General Corporation (NYSE: DG) today announced that it plans to release its financial results for the fiscal 2023 second quarter ended August 4, 2023, on August 31, 2023.

Key Points: 
  • Dollar General Corporation (NYSE: DG) today announced that it plans to release its financial results for the fiscal 2023 second quarter ended August 4, 2023, on August 31, 2023.
  • In connection with the release, Jeff Owen, chief executive officer, and Kelly Dilts, chief financial officer, will host a conference call on August 31, 2023, at 9:00 a.m. CT/10:00 a.m.
  • During the call, the company will discuss the earnings results and may discuss material business, financial or other information that is not contained in the earnings release.
  • To participate via telephone, please call (877) 407-0890 at least 10 minutes before the conference call is scheduled to begin.

Dollar General Corporation Expands Board of Directors

Retrieved on: 
Thursday, June 29, 2023

Dollar General Corporation (NYSE: DG) today announced the appointment of David Rowland, former Executive Chairman of Accenture plc, to its board of directors effective August 5, 2023.

Key Points: 
  • Dollar General Corporation (NYSE: DG) today announced the appointment of David Rowland, former Executive Chairman of Accenture plc, to its board of directors effective August 5, 2023.
  • “We are pleased to welcome David to our board of directors,” said Michael Calbert, Dollar General’s Chairman of the Board.
  • “David brings a deep knowledge of the global marketplace and vast experience in finance, operations, strategy and risk management, which will be an asset to Dollar General as we focus on driving value to our customers, employees and shareholders.”
    With Rowland’s election, Dollar General’s board of directors now consists of ten total members.
  • He joins the nine current Dollar General board members with extensive expertise and experience across several industries.

Dollar General Corporation Announces Pricing of $1,500,000,000 of Senior Notes

Retrieved on: 
Tuesday, June 6, 2023

Dollar General Corporation (NYSE:DG) (“Dollar General” or the “Company”) today announced the pricing of an offering (the “Offering”) of $500,000,000 of its 5.200% Senior Notes due 2028 (the “2028 Notes”) and $1,000,000,000 of its 5.450% Senior Notes due 2033 (the “2033 Notes” and, collectively with the 2028 Notes, the “Notes”).

Key Points: 
  • Dollar General Corporation (NYSE:DG) (“Dollar General” or the “Company”) today announced the pricing of an offering (the “Offering”) of $500,000,000 of its 5.200% Senior Notes due 2028 (the “2028 Notes”) and $1,000,000,000 of its 5.450% Senior Notes due 2033 (the “2033 Notes” and, collectively with the 2028 Notes, the “Notes”).
  • The 2028 Notes will pay interest at a rate of 5.200% per annum and mature on July 5, 2028.
  • The 2033 Notes will pay interest at a rate of 5.450% per annum and mature on July 5, 2033.
  • Dollar General will pay interest on the Notes semi-annually on January 5 and July 5 of each year, commencing January 5, 2024.

Dollar General Corporation Reports First Quarter 2023 Results

Retrieved on: 
Thursday, June 1, 2023

Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2023 first quarter (13 weeks) ended May 5, 2023.

Key Points: 
  • Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2023 first quarter (13 weeks) ended May 5, 2023.
  • Operating profit for the first quarter of 2023 decreased 0.7% to $740.9 million compared to $746.2 million in the first quarter of 2022.
  • The effective income tax rate in both the first quarter of 2023 and the first quarter of 2022 was 21.8%.
  • Diluted EPS decreased 2.9% to $2.34 for the first quarter of 2023 compared to diluted EPS of $2.41 in the first quarter of 2022.