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Dollar General Corporation Reports Fourth Quarter and Fiscal Year 2024 Results

1. DG reported a 4.5% net sales increase in Q4, totaling $10.3 billion. 2. Operating profit decreased significantly by 49.2% in Q4, raising concerns.

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$74.8503/13 06:56 AM EDTEvent Start
$79.3103/14 01:39 PM EDTLatest Updated
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FAQ

Why Bearish?

The large decline in operating profit may discourage investors. For instance, significant profit drops in similar companies like Target in 2022 led to stock declines.

How important is it?

The article reports key financial metrics impacting investor perceptions and stock valuation.

Why Short Term?

Immediate investor reactions to profit drops can affect stock prices quickly. Historical examples include rapid price changes following earnings reports.

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TGTWMTCOST
GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--Dollar General Corporation (NYSE: DG) today reported financial results for its fourth quarter (13 weeks) and fiscal year (52 weeks) ended January 31, 2025 (“fiscal 2024”). Fourth Quarter Net Sales Increased 4.5% to $10.3 Billion; Fiscal Year Net Sales Increased 5.0% to $40.6 Billion Fourth Quarter Same-Store Sales Increased 1.2%; Fiscal Year Same-Store Sales Increased 1.4% Fourth Quarter Operating Profit Decreased 49.2% to $294.2 Million; Fiscal Year Oper.

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