Dollar General - Discount Retailer Benefits from Increased Customer Traffic and Expansion of Private Label Segment!

Business Driver: Dollar General (DG) is one of the most well-known discount retailers in the USA, with over 20,000 locations across 48 states, offering a wide selection particularly in groceries and household items. By sourcing its branded products exclusively in bulk from closeouts and overproduction, it is able to pass on its low purchase prices to consumers. As it continues to expand its private label range, the margin profile also improves.   On December 4, it surprised with a very strong Q3 result. The adjusted earnings per share rose...