UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 6, 2005
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 7.01.
REGULATION FD DISCLOSURE
On October 6, 2005, Dollar General Corporation issued the press release attached hereto as Exhibit 99 and incorporated by reference as if fully set forth herein, regarding sales results for the five-week, nine-week, and 35-week periods ended September 30, 2005, as well as new store openings and store closings through September 30, 2005, and other matters.
ITEM 9.01.
FINANCIAL STATEMENTS AND EXHIBITS
(a)
Financial statements of businesses acquired. N/A
(b)
Pro forma financial information. N/A
(c)
Exhibits. See Exhibit Index immediately following the signature page hereto.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 6, 2005 |
DOLLAR GENERAL CORPORATION |
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By: |
/s/ Susan S. Lanigan |
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Susan S. Lanigan |
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Executive Vice President and General Counsel |
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EXHIBIT INDEX
Exhibit No. |
Description |
99 |
News release dated October 6, 2005. |
3
Investor Contact:
Media Contact:
Emma Jo Kauffman
Tawn Earnest
(615) 855-5525
(615) 855-5209
DOLLAR GENERAL REPORTS SEPTEMBER SAME-STORE SALES
GOODLETTSVILLE, Tenn. October 6, 2005 Dollar General Corporation (NYSE: DG) today reported total retail sales for the September 5-week period ended September 30, 2005, equaled $794.0 million compared with $717.5 million last year, an increase of 10.7 percent. For the September period, same-store sales, or sales in stores that were open both at the end of the period and at the beginning of the preceding fiscal year, increased 2.5 percent. The primary drivers of positive same-store sales were food, including perishables, candy and snacks, as well as pet supplies and paper products.
At the peak, approximately 350 locations were closed due to Hurricane Katrina and 330 locations were closed due to Hurricane Rita. Currently, 36 locations remain closed due to Hurricane Katrina and 57 locations remain closed due to Hurricane Rita. The Rita closings are primarily the result of power outages. The Company has excluded from its same-store sales calculation a total of 31 stores, which are likely to remain closed for an extended period of time.
The Company continues to assess the impact of the hurricanes and continues to work quickly to reopen or relocate affected stores where possible and to resume meeting the needs of customers in those communities. As the impact assessment progresses, the Company may determine that additional stores will be closed for an extended period. For now, however, the remaining 62 closed stores are included in the same-store calculation. The Company is not yet in a position to determine the ultimate financial impact of the hurricanes.
For the nine weeks ended September 30, 2005, Dollar General total retail sales increased 10.1 percent to $1.4 billion from $1.3 billion in the same period a year ago. Same-store sales for the nine-week period increased 1.8 percent.
For the 35-week period ended September 30, 2005, Dollar General total retail sales increased 12.1 percent to $5.5 billion from $4.9 billion for the 35-week period ended October 1, 2004. Same-store sales for the 35-week period increased 3.7 percent.
Year-to-date through September 30, 2005, the Company opened 551 stores and closed 89 stores, including the 31 stores closed as a result of significant hurricane damage.
About Dollar General
Dollar General is a Fortune 500 ® discount retailer with 7,782 neighborhood stores as of September 30, 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 Generals Web site can be reached at www.dollargeneral.com .
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