The retailer's third-quarter sales increased 8.7% to $6.42 billion, above estimates of $6.39 billion, and saw same-store sales rise to a better-than-expected 2.7%.
Throughout the holiday season, Dollar General will donate nearly $600,000 to support community schools, libraries, Maine Toys for Tots Foundation and St. Jude’s "Thanks and Giving" campaign.
Dollar General plans to create approximately 7,000 new jobs in 2018 by holding recruiting events across 44 states, where it will be seeking everything from store managers to part-time and full-time sales associates.
Dollar General’s net income rose 38% to $407 million, or $1.52 a share, in the quarter ended Aug. 3, up from $295 million, or $1.08 a share, in the year-ago period.
Dollar General announced that it has awarded more than $3.4 million in youth literacy grants to 915 schools and nonprofit organizations throughout the 44 states it serves.
Dollar General's net income fell 20% to $365 million, with earnings per share of $1.36, compared to its net income of $279 million, or earnings per share of $1.02, in the year-ago period.
Dollar General is welcoming summer by revealing exclusive in-store products and deals from such brands as Coca-Cola, Red Bull, Hershey's, ChapStick and more.
