secwatch.observer — SEC 8-K summary
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Issuer:     DOLLAR GENERAL CORP (DG)
CIK:        0000029534
Form:       8-K
Filed at:   2024-05-30T23:59:59+00:00
Accession:  0001104659-24-066413
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dollar General Q1 net sales +6.1% to $9.9B, but operating profit -26.3%, diluted EPS -29.5% to $1.65
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- Same-store sales +2.4% on customer traffic growth; gross margin fell 145 bps to 30.2% due to shrink and mix.
- Cash from operations surged 247.3% to $663.8M; board declared $0.59/share dividend payable July 23.
- FY24 guidance reiterated: net sales +6.0-6.7%, same-store sales +2.0-2.7%, diluted EPS $6.80-$7.55, capex $1.3-$1.4B.
- Q2 guidance: same-store sales low 2% range, diluted EPS $1.70-$1.85.
- Real estate plan updated: 730 new stores, 1,620 remodels, 85 relocations (total 2,435 projects).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29534/000110465924066413/0001104659-24-066413-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29534/000110465924066413/tm2415834d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-066413

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer