Dollar General Closed 96 Stores Earlier than Expected -- Market Talk

Dow Jones

2025/03/13

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)

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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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 10:37 ET (14:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dollar General Closed 96 Stores Earlier than Expected -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDollar General Closed 96 Stores Earlier than Expected -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-13 22:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     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. 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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. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1430594728.SGD":"Eastspring Investments - Global Low Volatility Equity AS SGD","LU1989763690.USD":"东方汇理世代食品基金A2 Acc","BK4504":"桥水持仓","LU1989763427.SGD":"CPR Invest - Food For Generations A2 Acc SGD-H","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4114":"综合货品商店","DG":"美国达乐公司","BK4155":"大卖场与超市","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B"},"translate_title":"Dollar General提前关闭96家商店——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DG":1},"content_text":"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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 13, 2025 10:37 ET (14:37 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}