January sales by major merchandise category were as follows:
FY 2004 FY 2003 Est. Same-Store Percent of Sales Percent of Sales Sales Change Highly Consumable 69% 67% +8% Seasonal 12% 13% -1% Home Products 11% 12% -3% Basic Clothing 8% 8% -4%
For the 13 weeks ended January 28, 2005, Dollar General total retail sales increased 11.7 percent to $2.2 billion from $2.0 billion in the same period a year ago. Same-store sales for the 13-week period increased 3.0 percent.
For the 52 weeks ended January 28, 2005, Dollar General total retail sales increased 11.5 percent to $7.7 billion from $6.9 billion in the same period a year ago. Same-store sales for the 52-week period increased 3.2 percent.
During the year, the Company opened 722 new stores and closed 102 stores. As of January 28, 2005, Dollar General operated 7,320 stores in 30 states.
Earnings Conference Call Information
Dollar General is scheduled to announce earnings for the year ended January 28, 2005 on Thursday, March 17, 2005. The Company will host a conference call on Thursday, March 17, 2005, at 10 a.m. EST to discuss the year's results and the outlook for 2005. The security code for the conference call is "Dollar General." If you wish to participate, please call (334) 260-2280 at least 10 minutes before the conference call is scheduled to begin. The call will also be broadcast live online at www.dollargeneral.com. A replay of the conference call will be available until 5 p.m. EST on Thursday, March 31, online or by calling (334) 323-7226. The replay pass code is 13584540.
About Dollar General
Dollar General is a Fortune 500® discount retailer with 7,320 neighborhood stores as of January 28, 2005. Dollar General stores offer convenience and value to customers by offering consumable basic items that are frequently used and replenished, such as food, snacks, health and beauty aids and cleaning supplies, as well as a selection of basic apparel, housewares and seasonal items at everyday low prices. The Company store support center is located in Goodlettsville, Tennessee. Dollar General's Web site can be reached at www.dollargeneral.com.
CONTACT: Dollar General Corporation, Goodlettsville
Emma Jo Kauffman, 615-855-5525
Tawn Earnest, 615-855-5209
SOURCE: Dollar General Corporation