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): November 4, 2004
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 2.02.
RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On November 4, 2004, Dollar General Corporation (the Company) issued a news release regarding sales results for the four-week, 13-week and 39-week periods ended October 29, 2004, as well as new store openings and store closings and the planned conference call and webcast regarding third quarter earnings. The news release is attached hereto as Exhibit 99 and incorporated by reference as if fully set forth herein.
ITEM 7.01.
REGULATION FD DISCLOSURE
The information set forth in Item 2.02 above is incorporated herein by reference.
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: November 4, 2004 |
DOLLAR GENERAL CORPORATION |
|
By: |
/s/ Susan S. Lanigan |
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Susan S. Lanigan |
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Senior Vice President, General Counsel and Corporate Secretary |
EXHIBIT INDEX
Exhibit No. |
Description |
99 |
News release dated November 4, 2004. |
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Contact:
Emma Jo Kauffman
(615) 855-5525
DOLLAR GENERAL REPORTS INCREASED OCTOBER SALES;
OPENS 81 NEW STORES;
ANNOUNCES THIRD QUARTER CONFERENCE CALL AND WEBCAST
GOODLETTSVILLE, Tenn. November 4, 2004 Dollar General Corporation (NYSE: DG) today reported total retail sales for the October four-week period ended October 29, 2004, equaled $591.0 million compared with $531.9 million last year, an increase of 11.1 percent. Same-store sales for the October period increased 3.0 percent. The average customer purchase in October was approximately $8.53 compared to $8.37 in the same period last year. Customer transactions in same-stores increased approximately 1.7 percent.
October 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 |
66% |
63% |
+7% |
|||
Seasonal |
14% |
15% |
-4% |
|||
Home Products |
11% |
12% |
-5% |
|||
Basic Clothing |
9% |
10% |
-7% |
For the 13-week period ended October 29, 2004, Dollar General total retail sales increased 11.5 percent to $1.9 billion from $1.7 billion in the same period a year ago. Same-store sales for the thirteen-week period increased 3.4 percent.
For the 39 weeks ended October 29, 2004, Dollar General total retail sales increased 11.4 percent to $5.5 billion from $4.9 billion in the same period a year ago. Same-store sales for the 39 weeks increased 3.2 percent.
New Store Openings
The Company opened 80 Dollar General stores and one Dollar General Market during the four-week period ended October 29, 2004. The Company closed four Dollar General stores during the period. Year-to-date, the Company has opened 633 Dollar General stores and six Dollar General Markets and has closed 82 Dollar General stores.
Earnings Conference Call Information
Dollar General is scheduled to announce earnings for the third quarter ended October 29, 2004, on Wednesday, December 1, 2004. The Company will host a conference call on Wednesday, December 1, 2004, at 10 a.m. EST to discuss the quarters 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. EST on Wednesday, December 15, online or by calling (334) 323-7226. The replay pass code is 73518650.
About Dollar General
Dollar General is a Fortune 500 ® discount retailer with 7,257 neighborhood stores as of October 29, 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 Generals Web site can be reached at www.dollargeneral.com .
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