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)
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