Dollar General Corporation reported a net income of $1.51 billion for the fiscal year ending January 30, 2026, reflecting a 34.4% increase from the previous year's net income of $1.13 billion. The company's revenue for the same period reached $42.72 billion, a 5.2% increase compared to $40.61 billion in 2024. This growth was primarily driven by a 3.0% increase in same-store sales, which was supported by a 1.6% rise in customer traffic and a 1.4% increase in average transaction amounts. The gross profit margin also improved, rising to 30.7% from 29.6% in the prior year, attributed to lower inventory shrinkage and higher inventory markups.
In terms of operational changes, Dollar General opened 589 new stores in 2025, including eight in Mexico, while remodeling 4,301 stores through its Project Renovate and Project Elevate initiatives. The company closed 290 stores during the same period, reflecting its ongoing strategy to optimize its store portfolio. As of January 30, 2026, Dollar General operated a total of 20,893 stores across 48 U.S. states and Mexico, marking a significant expansion from previous years. The company also reported an employee headcount of approximately 194,000, indicating a focus on workforce development amid its growth initiatives.
The filing highlighted strategic developments, including the continued rollout of the pOpshelf concept, which focuses on non-consumable products. However, the company has paused new pOpshelf store expansions to evaluate its performance. The company’s digital initiatives, including the Dollar General app and delivery services, are becoming increasingly important, contributing to sales growth and enhancing customer engagement. The company aims to leverage these digital tools to improve the shopping experience and drive operational efficiencies.
Looking ahead, Dollar General anticipates opening approximately 450 new stores in 2026, alongside plans for 4,270 remodels and relocations. The company is also focused on maintaining its low-cost operating model while managing rising costs associated with labor and occupancy. The effective income tax rate for 2025 was reported at 23.0%, up from 21.8% in 2024, influenced by higher state tax rates and the expiration of certain tax credits. The company remains committed to its long-term priorities of driving profitable sales growth and enhancing its position as a low-cost operator, despite ongoing economic pressures and competitive challenges in the retail sector.
About DOLLAR GENERAL CORP
Dollar General is the largest discount retailer in the U.S., operating over 20,600 small-box stores offering everyday low prices on a broad range of consumables, seasonal, home, and apparel products. Serving primarily low- and fixed-income households, it emphasizes convenience, value, and efficient supply chain management. The company focuses on profitable store growth, private brands, and cost-effective operations across diverse markets in the U.S. and Mexico.
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