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Related: Dollar General promotes Emily Taylor to chief merchant Its stores are located within five miles of about 75% of the U.S. And on the e-commerce side in 2020, the company stepped up expansion of its click-and-collect service, DG Pickup, to more than 17,000 stores.Īs of the close of fiscal 2020, Dollar General operated 17,177 stores in 46 states, a net increase of 899 from 16,278 stores in 44 states in 2019. Those totals were up across the board from fiscal 2019, when the deep value retailer opened 975 new locations, remodeled 1,024 units, relocated 100 units and closed 67 stores. Related: Dollar General to build first brand-new dual distribution centerĭollar General opened 1,000 new stores, remodeled 1,670 stores, relocated 110 stores and closed 101 units during the 52 weeks ended Jan. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.Dollar General didn’t hold back brick-and-mortar expansion in fiscal 2020, as the dollar store chain tallied growth of more than 20% in net sales and over 15% in same-store sales for the year.Īlso on Thursday, Dollar General executives said two new store formats are slated to launch in 2021 and, over the long term, the company foresees opportunities to double its store count. This year, the Goodlettsville, Tenn.-based retailer also expects to wrap up phase one of DG Fresh, its two-year-old program to shift to self-distribution of perishables and sell more fresh and frozen food in stores. Turner & Son and changed its name to Dollar General Corporation in 1968. As of September 27, 2021, Dollar General Corporation operated 17,683 stores in 46 states in the United States. Further, it provides apparel, which comprise casual everyday apparel for infants, toddlers, girls, boys, women, and men, as well as socks, underwear, disposable diapers, shoes, and accessories. In addition, the company offers seasonal products comprising holiday items, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, and automotive and home office supplies and home products that include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods. Its consumable products also comprise snacks, such as candies, cookies, crackers, salty snacks, and carbonated beverages health and beauty products, including over-the-counter medicines and personal care products, such as soaps, body washes, shampoos, cosmetics, and dental hygiene and foot care products pet supplies and pet food and tobacco products. The company offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry products packaged food comprising cereals, canned soups and vegetables, condiments, spices, sugar, and flour and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine. Find out more information at: ĭollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. The company has a market cap of $52,961m. The 50 day moving average now sits at 216.52 while the 200 day moving average is 218.57. Given that the stocks previous close was at 225 this would indicate that there is a potential upside of 11.1%.
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The target price ranges between 285 and 190 with a mean TP of 250.08. The analyst consensus points to a rating of ‘Buy’. Dollar General Corporation found using ticker (DG) have now 25 analysts covering the stock.