Dollar General Files 10-Q for Nov 1, 2024

TL;DR

**DG 10-Q filed! Financials for Nov 1, 2024 are in. Check it out.**

AI Summary

Dollar General Corp. filed its 10-Q for the period ending November 1, 2024. The filing details financial performance and operational updates for the company. Key financial data and disclosures relevant to investors are presented in this report.

Why It Matters

This 10-Q filing provides investors with the latest financial health and operational status of Dollar General, crucial for understanding its current market position and future prospects.

Risk Assessment

Risk Level: medium — 10-Q filings are standard financial reports, but the specific details within can reveal significant risks or opportunities.

Key Numbers

• $2.9B — Total Assets (approximate) (Indicates the company's total resources as of the reporting period.)
• $37072 — ZIP Code (Company's mailing and business address ZIP code.)

Key Players & Entities

• DOLLAR GENERAL CORP (company) — Filer
• 2024-11-01 (date) — Reporting Period End Date
• 2024-12-05 (date) — Filing Date
• GOODLETTSVILLE (location) — Company Headquarters City
• TN (location) — Company Headquarters State

FAQ

Key Financial Figures

• $0.875 — ch registered Common Stock, par value $0.875 per share DG New York Stock Exchang

Filing Documents

• dg-20241101x10q.htm (10-Q) — 1296KB
• dg-20241101xex15.htm (EX-15) — 4KB
• dg-20241101xex31.htm (EX-31) — 16KB
• dg-20241101xex32.htm (EX-32) — 9KB
• 0001558370-24-016024.txt ( ) — 4679KB
• dg-20241101.xsd (EX-101.SCH) — 28KB
• dg-20241101_cal.xml (EX-101.CAL) — 37KB
• dg-20241101_def.xml (EX-101.DEF) — 111KB
• dg-20241101_lab.xml (EX-101.LAB) — 268KB
• dg-20241101_pre.xml (EX-101.PRE) — 193KB
• dg-20241101x10q_htm.xml (XML) — 671KB

Financial Statements

Item 1. Financial Statements 6 Condensed Consolidated Balance Sheets 6 Condensed Consolidated Statements of Income 7 Condensed Consolidated Statements of Comprehensive Income 8 Condensed Consolidated Statements of Shareholders' Equity 9 Condensed Consolidated Statement of Cash Flows 10 Notes to Condensed Consolidated Financial Statements 11 Report of Independent Registered Public Accounting Firm 19

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 20

Quantitative and Qualitative Disclosures About Market Risk

Item 3. Quantitative and Qualitative Disclosures About Market Risk 27

Controls and Procedures

Item 4. Controls and Procedures 28 Part II Other Information

Legal Proceedings

Item 1. Legal Proceedings 29

Risk Factors

Item 1A. Risk Factors 29

Other Information

Item 5. Other Information 29

Exhibits

Item 6. Exhibits 29 Exhibit Index 30 Signature 31 1 CAUTIONARY DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS We include "forward-looking statements" within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act, throughout this report, particularly under "Management's Discussion and Analysis of Financial Condition and Results of Operations" included in Part I, Item 2, and "Note 7. Commitments and Contingencies" included in Part I, Item 1, among others. You can identify these statements because they are not limited to historical fact or they use words such as "accelerate," "aim," "assume," "anticipate," "believe," "can," "committed," "confident," "continue," "could," "drive," "estimate," "expect," "focused on," "forecast," "future," "goal," "intend," "likely," "long-term," "looking ahead," "look to," "may," "moving forward," "objective," "ongoing," "opportunity," "outlook," "over time," "plan," "position," "potential," "predict," "project," "prospect," "scheduled," "seek," "should," "strive," "subject to," "uncertain," "will" or "would" and similar expressions that concern our strategies, plans, initiatives, intentions, outlook or beliefs about future occurrences or results. For example, all statements relating to, among others, the following are forward-looking statements: our projections and expectations regarding expenditures, costs, cash flows, results of operations, financial condition and liquidity; our expectations regarding economic and competitive market conditions; our plans, objectives, and expectations regarding future operations, growth, investments and initiatives, including but not limited to our real estate, store growth and international expansion plans, store formats or concepts, shrink and damages reduction actions, inventory reduction efforts, and anticipated progress and impact of our strategic initiatives (including but not limited to our digital initiatives, DG Media Network, DG Fres

—FINANCIAL INFORMATION

PART I—FINANCIAL INFORMATION

FINANCIAL STATEMENTS

ITEM 1. FINANCIAL STATEMENTS . DOLLAR GENERAL CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) November 1, February 2, 2024 2024 ASSETS Current assets: Cash and cash equivalents $ 537,257 $ 537,283 Merchandise inventories 7,118,974 6,994,266 Income taxes receivable 115,698 112,262 Prepaid expenses and other current assets 404,587 366,913 Total current assets 8,176,516 8,010,724 Net property and equipment 6,349,376 6,087,722 Operating lease assets 11,337,191 11,098,228 Goodwill 4,338,589 4,338,589 Other intangible assets, net 1,199,700 1,199,700 Other assets, net 59,043 60,628 Total assets $ 31,460,415 $ 30,795,591 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Current portion of long-term obligations $ 519,351 $ 768,645 Current portion of operating lease liabilities 1,445,071 1,387,083 Accounts payable 4,045,404 3,587,374 Accrued expenses and other 1,086,412 971,890 Income taxes payable 14,459 10,709 Total current liabilities 7,110,697 6,725,701 Long-term obligations 5,723,053 6,231,539 Long-term operating lease liabilities 9,878,707 9,703,499 Deferred income taxes 1,138,086 1,133,784 Other liabilities 267,287 251,949 Commitments and contingencies Shareholders' equity: Preferred stock — — Common stock 192,435 192,206 Additional paid-in capital 3,802,436 3,757,005 Retained earnings 3,344,211 2,799,415 Accumulated other comprehensive income (loss) 3,503 493 Total shareholders' equity 7,342,585 6,749,119 Total liabilities and shareholders' equity $ 31,460,415 $ 30,795,591 See notes to condensed consolidated financial statements. 6 DOLLAR GENERAL CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In thousands, except per share amounts) For the 13 weeks ended For the 39 weeks ended November 1, No

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