Dollar General's Strategic Growth
May 20, 2016
We have been delivering value and convenience to shoppers for more than 75 years… and we have no plans of stopping anytime soon.
Dollar General recently announced the company’s initiatives to increase growth opportunities and invest in people as a competitive advantage. Dollar General also announced store growth plans that include the addition of approximately 1,900 new stores by the end of fiscal 2017, along with plans to remodel or relocate 1,775 stores during the same time period.
“Dollar General has a powerful strategic plan that enables us to drive both the top line and bottom line to deliver strong financial returns as outlined in our growth model over the long-term. With strong cash flow and an efficient capital structure, we believe that we have a compelling opportunity to invest for growth while also returning cash to shareholders through consistent share repurchases and anticipated quarterly dividends,” said CEO Todd Vasos.
With the 900 planned new stores in 2016 and 1,000 new stores in 2017, it certainly is an exciting time of growth here at Dollar General! For more information on the financial growth model check out the Dollar General Newsroom (http://newscenter.dollargeneral.com/news/).
Dollar General recently announced the company’s initiatives to increase growth opportunities and invest in people as a competitive advantage. Dollar General also announced store growth plans that include the addition of approximately 1,900 new stores by the end of fiscal 2017, along with plans to remodel or relocate 1,775 stores during the same time period.
“Dollar General has a powerful strategic plan that enables us to drive both the top line and bottom line to deliver strong financial returns as outlined in our growth model over the long-term. With strong cash flow and an efficient capital structure, we believe that we have a compelling opportunity to invest for growth while also returning cash to shareholders through consistent share repurchases and anticipated quarterly dividends,” said CEO Todd Vasos.
With the 900 planned new stores in 2016 and 1,000 new stores in 2017, it certainly is an exciting time of growth here at Dollar General! For more information on the financial growth model check out the Dollar General Newsroom (http://newscenter.dollargeneral.com/news/).