1037 ET - Dollar General shuttered 96 stores in 4Q, representing less than 1% of its total footprint, that likely would have been otherwise closed when their leases expired, CEO Todd Vasos says on a call with analysts. The chain decided to get moving on those closures to better allocate resources going forward, he says. The stores were largely in urban locations and had become increasingly difficult to operate successfully, the CEO says. Dollar General also closed 45 of its newer, higher-end Popshelf locations and converted another six to Dollar General stores. Closure-related costs dented 4Q earnings by 81 cents a share, leaving Dollar General with 87 cents a share. (dean.seal@wsj.com)
(END) Dow Jones Newswires
March 13, 2025 10:37 ET (14:37 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。