July sales by major merchandise category were as follows:
FY 2004 FY 2003 Est. Same-Store Percent of Percent of Sales Change Sales Sales Highly Consumable 65% 64% +6% Seasonal 15% 15% +2% Home Products 11% 12% -8% Basic Clothing 9% 9% +5%
For the thirteen-week period ended July 30, 2004, Dollar General total retail sales increased 11.2 percent to $1.8 billion from $1.7 billion for the thirteen-week period ended August 1, 2003. Same-store sales for the thirteen-week period increased 3.2 percent.
For the 26 weeks ended July 30, 2004, Dollar General total retail sales increased 11.3 percent to $3.6 billion from $3.2 billion in the same period a year ago. Same-store sales for the 26 weeks increased 3.1 percent.
New Store Openings
The Company opened 61 Dollar General stores in 22 states during the four-week period ended July 30, 2004. The Company closed two Dollar General stores during the period. Year-to-date, the Company has opened 418 Dollar General stores and two Dollar General Markets and has closed 41 Dollar General stores.
Earnings Conference Call Information
Dollar General is scheduled to announce earnings for the second quarter ended July 30, 2004, on Thursday, August 26, 2004. The Company will host a conference call on Thursday, August 26, 2004, at 10 a.m. EDT to discuss the quarter's results. 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. EDT on Thursday, September 9, online or by calling (334) 323-7226. The access code for the replay is 40954 and the pass code is 86362.
About Dollar General
Dollar General is a Fortune 500® discount retailer with 7,079 neighborhood stores as of July 30, 2004. 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
Emma Jo Kauffman, 615-855-5525
SOURCE: Dollar General Corporation