1116 ET - Dollar General is expecting the first half of the current fiscal year to be more pressured than the back half due to initial costs related to its massive remodel plan, CFO Kelly Dilts says on a call with analysts. The company plans in fiscal 2025 to open 575 new U.S. stores, open 15 new stores in Mexico, relocate about 45 stores, conduct full remodels on about 2,000 stores and do partial remodels on 2,250 stores. Dollar General expects to execute more real estate projects in the first half of 2025 than it did in the first half of last year, the CFO says. Most projects should be done by the end of 3Q, she says. (dean.seal@wsj.com)
(END) Dow Jones Newswires
March 13, 2025 11:17 ET (15:17 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。