The Exchange generates $8.3 billion, dispurses $224 million in dividends

DALLAS — The Exchange on Friday released a video touting the military retailer's fiscal 2017 financials. The Exchange raised $8.3 billion in revenue, a decline of 2.4% compared to the year-ago period, while earnings were down 3.5% to $388 million.



The Exchange dispursed $224 million in dividends in the last year, which supports the military and their families. In the past 10 years, the Exchange has distributed more than $2.4 billion to fund quality-of-life improvements. The Exchange retains one-third of annual earnings to construct new stores, modernize regional distribution centers and upgrade its worldwide network to operate retail stores.



Toward that end, the Exchange funded 43 facility improvements and new store openings over the past year, including the Exchange's newest distribution center at Germersheim Army Depot in Germany on Feb. 1, 2017. The distribution center ships beverages, boxed food, appliances and more to Exchange main stores and Express locations throughout Europe, Southwest Asia and contingency locations.



Currently, 85% of Exchange employees are connected to the military family.