# EDGAR Filing Document

**Accession Number:** 0000029534
**File Stem:** 0001104659-26-069198
**Filing Date:** 2026-6
**Character Count:** 43277
**Document Hash:** 7e491734907a73bb485927f1f265fbce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-069198.hdr.sgml**: 20260602

**ACCESSION NUMBER**: 0001104659-26-069198

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260528

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260602

**DATE AS OF CHANGE**: 20260602

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DOLLAR GENERAL CORP
- **CENTRAL INDEX KEY:** 0000029534
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-VARIETY STORES [5331]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 610502302
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 0129

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-11421
- **FILM NUMBER:** 261053564

**BUSINESS ADDRESS:**
- **STREET 1:** 100 MISSION RIDGE
- **CITY:** GOODLETTSVILLE
- **STATE:** TN
- **ZIP:** 37072
- **BUSINESS PHONE:** 6158554000

**MAIL ADDRESS:**
- **STREET 1:** 100 MISSION RIDGE
- **CITY:** GOODLETTSVILLE
- **STATE:** TN
- **ZIP:** 37072

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TURNER CAL
- **DATE OF NAME CHANGE:** 19710401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TURNER J L & SON INC
- **DATE OF NAME CHANGE:** 19710401

?xml version='1.0' encoding='ASCII'?

**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): <u>May 28, 2026</u> 

<u>DOLLAR GENERAL CORPORATION</u> <br> (Exact name of registrant as specified in its charter)

<u>Tennessee</u>   <u>001-11421</u>   <u>61-0502302</u> <br> (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

<u> 100 MISSION RIDGE GOODLETTSVILLE, TN</u>   <u>37072</u> <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: <u>(615) 855-4000</u>

  <br> (Former name or former address, if changed since last report)

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))

Securities registered pursuant to Section 12(b) of the Act:

---

| | |
|:---|:---|
| Title of each class | Name of each exchange on <br> which registered |
| Common Stock, par value $0.875 per share DG | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

---

| | |
|:---|:---|
| **ITEM 2.02** | **RESULTS OF OPERATIONS AND FINANCIAL CONDITION.** |

---

On June 2, 2026, Dollar General Corporation (the "Company") issued a news release regarding results of operations and financial condition for the fiscal 2026 first quarter (13 weeks) ended May 1, 2026. The news release is furnished as Exhibit 99 hereto and is incorporated herein by reference.

The information contained within this Item 2.02, including the information in Exhibit 99, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended.

---

| | |
|:---|:---|
| **ITEM 5.07** | **SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.** |

---

The Annual Meeting of the Company's Shareholders was held on May 28, 2026. The following are the final voting results on proposals considered and voted upon by the Company's shareholders, each of which is described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 7, 2026 (the "Proxy Statement").

The following individuals were elected to serve as directors of the Company, each of whom will hold office until the Annual Meeting of the Company's Shareholders to be held in 2027 and until his or her successor is duly elected and qualified. The tabulation of votes on this matter was as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Name** | **Votes<br> For** | **Votes<br> Against** | **Votes<br> Abstaining** | **Broker<br> Non-Votes** |
| Michael M. Calbert | 175007879 | 7508861 | 224596 | 15020306 |
| Ana M. Chadwick | 178940109 | 3627856 | 173371 | 15020306 |
| Gregory H. Hicks | 181229625 | 1335370 | 176341 | 15020306 |
| Timothy I. McGuire | 177802154 | 4763312 | 175870 | 15020306 |
| David P. Rowland | 179512391 | 3011970 | 216975 | 15020306 |
| Debra A. Sandler | 176532086 | 6035328 | 173922 | 15020306 |
| Ralph E. Santana | 180733581 | 1727993 | 279762 | 15020306 |
| Kathleen M. Scarlett | 180892658 | 1571892 | 276786 | 15020306 |
| Todd J. Vasos | 182108558 | 458274 | 174504 | 15020306 |

---

The resolution regarding the compensation of the Company's named executive officers as disclosed in the Proxy Statement was approved on an advisory (non-binding) basis. The tabulation of votes on this matter was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Votes<br> For** | **Votes<br> Against** | **Votes<br> Abstaining** | **Broker<br> Non-Votes** |
| 160040421 | 21835901 | 865014 | 15020306 |

---

The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for fiscal year 2026 was ratified. The tabulation of votes on this matter was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Votes<br> For** | **Votes<br>Against** | **Votes<br> Abstaining** | **Broker<br> Non-Votes** |
| 182375460 | 15200487 | 185695 | 0 |

---

A shareholder proposal asking the Company's Board of Directors (the "Board") to amend the director resignation policy to require directors who do not receive a majority vote in uncontested elections to leave the Board within nine months was not approved. The tabulation of votes on this matter was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Votes<br> For** | **Votes<br> Against** | **Votes<br> Abstaining** | **Broker <br> Non-Votes** |
| 28164688 | 154045190 | 531458 | 15020306 |

---

A shareholder proposal asking the Board to report on the feasibility of adopting a comprehensive human rights policy stating the Company's commitment to respect human rights, in alignment with international human rights standards, throughout its operation and value chain was not approved. The tabulation of votes on this matter was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Votes<br> For** | **Votes<br> Against** | **Votes<br> Abstaining** | **Broker<br> Non-Votes** |
| 53033609 | 128843194 | 864533 | 15020306 |

---

A shareholder proposal asking the Board to take the steps necessary to reduce the minimum ownership percentage required to call a special shareholders' meeting from 25% to 10% was not approved. The tabulation of votes on this matter was as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Votes<br> For** | **Votes<br> Against** | **Votes<br> Abstaining** | **Broker<br> Non-Votes** |
| 77346353 | 105002151 | 392832 | 15020306 |

---

---

| | |
|:---|:---|
| **ITEM 7.01** | **REGULATION FD DISCLOSURE.** |

---

The information set forth in Item 2.02 above is incorporated herein by reference. The news release also:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· sets forth statements regarding, among other things, the Company's fiscal year 2026 outlook, as
well as the Company's planned conference call to discuss the reported financial results, the Company's fiscal year 2026 outlook,
and certain other matters; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· announces that on June 1, 2026, the Board declared a quarterly cash dividend of $0.59 per share on the
Company's outstanding common stock payable on or before July 21, 2026, to shareholders of record on July 7, 2026.

The information contained within this Item 7.01, including the information in Exhibit 99, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended.

---

| | |
|:---|:---|
| **ITEM 9.01** | **FINANCIAL STATEMENTS AND EXHIBITS.** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Financial statements of businesses acquired. N/A

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Pro forma financial information. N/A

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Shell company transactions. N/A

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits. See Exhibit Index to this report.

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| **<u>Exhibit No.</u>** | **<u>Description</u>** |
| [99](tm2616084d1_ex99.htm) | [News release issued June 2, 2026](tm2616084d1_ex99.htm) |
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL |

---

**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: <u>June 2, 2026</u> | **DOLLAR GENERAL CORPORATION** | **DOLLAR GENERAL CORPORATION** |
|  | By: | /s/ Rhonda M. Taylor |
|  |  | Rhonda M. Taylor |
|  |  | Executive Vice President and General Counsel |

---

## Ex-99

**Exhibit 99**

**Dollar General Corporation Reports First Quarter 2026 Results**

*Updates Financial Guidance for Fiscal Year 2026*

GOODLETTSVILLE, Tenn.--(<u>BUSINESS WIRE</u>)-- Dollar General Corporation (NYSE: DG) today reported financial results for its first quarter (13 weeks) ended May 1, 2026.

**<u>First Quarter Fiscal Year 2026 Highlights</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Net
 Sales Increased 3.4% to $10.8 Billion

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Same-Store
 Sales Increased 2.0%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Operating
 Profit Increased 10.8% to $638.5 Million

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Diluted
 Earnings Per Share ("EPS") Increased 12.4% to $2.00

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Cash
 Flow From Operations of $716.2 Million

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Board
 of Directors Declares Quarterly Cash Dividend of $0.59 per share

"We are pleased with our first-quarter EPS performance, which exceeded our expectations as strong operating margin expansion more than offset the impact of severe winter weather and higher fuel costs," said Todd Vasos, Dollar General's chief executive officer. "Our topline results were highlighted by positive customer traffic and balanced category growth, while continued progress on our key initiatives drove another quarter of strong operating profit growth."

"These results reflect the great work of our team, and I want to thank our store, supply chain, and support center associates for their continued dedication to serving our customers with value and convenience. Looking ahead, we believe the essential nature of our offering and our expansive footprint position us well to navigate the current macroeconomic environment. Overall, we remain confident in our ability to deliver on the goals outlined in our long-term financial framework, while creating sustainable long-term shareholder value."

**<u>First Quarter Fiscal 2026 Year Overview</u>**

Net sales increased 3.4% to $10.8 billion in the first quarter of fiscal 2026 compared to $10.4 billion in the first quarter of fiscal 2025. The net sales increase was driven by positive sales contributions from new stores and growth in same-store sales, partially offset by the impact of store closures. Same-store sales increased 2.0% compared to the first quarter of 2025, reflecting increases of 1.4% in customer traffic and 0.5% in average transaction amount. Same-store sales in the first quarter of fiscal 2026 included growth in each of the consumables, seasonal, apparel, and home products categories.

Gross profit as a percentage of net sales was 31.6% in the first quarter of fiscal 2026 compared to 31.0% in the first quarter of fiscal 2025, an increase of 65 basis points. This gross profit rate increase was driven primarily by higher inventory markups, and lower shrink and inventory damages; partially offset by increased markdowns and transportation costs.

Selling, General and Administrative Expenses ("SG&A") as a percentage of net sales were 25.7% in the first quarter of fiscal 2026 compared to 25.4% in the first quarter of fiscal 2025, an increase of 25 basis points. The primary expenses that were higher as a percentage of net sales in the first quarter of 2026 were depreciation and amortization, utilities, and property taxes; partially offset by lower incentive compensation.

Operating profit for the first quarter of fiscal 2026 increased 10.8% to $638.5 million compared to $576.1 million in the first quarter of fiscal 2025.

Net interest expense for the first quarter of fiscal 2026 decreased 26.9% to $47.2 million compared to $64.6 million in the first quarter of fiscal 2025.

The effective income tax rate in the first quarter of fiscal 2026 was 24.9% compared to 23.4% in the first quarter of fiscal 2025. This higher effective income tax rate was primarily due to expired federal tax credits, partially offset by decreased expense from stock-based compensation.

The Company reported net income of $444.1 million for the first quarter of fiscal 2026, an increase of 13.3% compared to $391.9 million in the first quarter of fiscal 2025. Diluted EPS increased 12.4% to $2.00 for the first quarter of fiscal 2026 compared to diluted EPS of $1.78 in the first quarter of fiscal 2025.

**<u>Merchandise Inventories</u>**

As of May 1, 2026, total merchandise inventories, at cost, were $6.6 billion compared to $6.6 billion as of May 2, 2025, a decrease of 1.6% on an average per-store basis.

**<u>Capital Expenditures</u>**

Total additions to property and equipment in the first quarter of 2026 were $352 million, including approximately: $203 million for improvements, upgrades, remodels and relocations of existing stores; $73 million related to store facilities, primarily for leasehold improvements, fixtures and equipment in new stores; $62 million for distribution and transportation-related projects; and $12 million for information systems upgrades and technology-related projects.

During the first quarter of 2026, the Company opened 190 new stores in the United States and 5 new stores in Mexico, remodeled 659 stores through Project Renovate and 711 stores through Project Elevate, and relocated 6 stores.

**<u>Dividend</u>**

On June 1, 2026, the Company's Board of Directors declared a quarterly cash dividend of $0.59 per share on the Company's common stock, payable on or before July 21, 2026 to shareholders of record on July 7, 2026. While the Board of Directors currently intends to continue regular cash dividends, the declaration and amount of future dividends are subject to the sole discretion of the Board and will depend upon, among other things, the Company's results of operations, cash requirements, financial condition, contractual restrictions, excess debt capacity, and other factors the Board may deem relevant in its sole discretion.

**<u>Fiscal Year 2026 Financial Guidance and Store Growth Outlook</u>**

The Company is updating its financial guidance to reflect its first quarter results and its outlook for the remainder of the year. The Company continues to expect the following for fiscal year ending January 29, 2027 ("fiscal 2026"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Net
 sales growth in the range of approximately 3.7% to 4.2%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Same-store
 sales growth in the range of approximately 2.2% to 2.7%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Capital
 expenditures, including those related to investments in the Company's strategic initiatives,
 in the range of $1.4 billion to $1.5 billion

The Company now expects the following for fiscal 2026:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Diluted
 EPS in the range of approximately $7.20 to $7.45, compared to its previous expectation in
 the range of $7.10 to $7.35

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Diluted
 EPS guidance assumes an effective tax rate of approximately 24.5%, compared to the previous
 assumption of approximately 25%

The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026, including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

The Company's financial guidance assumes no share repurchases in fiscal 2026 and does not include any potential impact from tariff refund payments.

**<u>Conference Call Information</u>**

The Company will hold a conference call on June 2, 2026 at 8:00 a.m. CT/9:00 a.m. ET, hosted by Todd Vasos, chief executive officer, and Donny Lau, chief financial officer. To participate via telephone, please call (877) 407-0890 at least 10 minutes before the conference call is scheduled to begin. The conference ID is 13760155. There will also be a live webcast of the call available at https://investor.dollargeneral.com under "News & Events,

Events & Presentations." A replay of the conference call will be available through June 30, 2026, and will be accessible via webcast replay or by calling (877) 660-6853. The conference ID for the telephonic replay is 13760155.

**<u>Forward-Looking Statements</u>**

This press release contains forward-looking information within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act. Forward-looking statements include those regarding the Company's outlook, strategy, initiatives, plans, intentions or beliefs, including, but not limited to, statements made within the quotation of Mr. Vasos, and in the sections entitled "Dividend" and "Fiscal Year 2026 Financial Guidance and Store Growth Outlook."

A reader can identify forward-looking statements because they are not limited to historical fact or they use words such as "accelerate," "aim," "anticipate," "assume," "believe," "beyond," "can," "committed," "confident," "continue," "could," "drive," "estimate," "expect," "focus on," "forecast," "future," "goal," "guidance," "intend," "investments," "likely," "long-term," "looking ahead," "look to," "may," "model," "moving toward," "near-term," "ongoing," "opportunities," "outcome," "outlook," "plan," "position," "potential," "predict," "project," "prospects," "seek," "should," "subject to," "target," "uncertain," "well-positioned," "will," "would," or "years ahead," and similar expressions that concern the Company's outlook, long-term financial framework, strategies, plans, initiatives, intentions or beliefs about future occurrences or results. These matters involve risks, uncertainties and other factors that may change at any time and may cause actual results to differ materially from those which the Company expected. Many of these statements are derived from the Company's operating budgets and forecasts as of the date of this release, which are based on many detailed assumptions and estimates that the Company believes are reasonable. However, it is very difficult to predict the effect of known factors on future results, and the Company cannot anticipate all factors that could affect future results that may be important to an investor. All forward-looking information should be evaluated in the context of these risks, uncertainties and other factors. Important factors that could cause actual results to differ materially from the expectations expressed in or implied by such forward-looking statements include, but are not limited to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· economic
 factors, including but not limited to employment levels; inflation (and the Company's
 ability to adjust prices sufficiently to offset the effect of inflation); pandemics; higher
 fuel and energy costs (including those related to the conflict in the Middle East); healthcare,
 housing and product costs; higher interest rates, consumer debt levels, and tax rates; lack
 of available credit; tax law changes that negatively affect credits and refunds; decreases
 in, or elimination of, government assistance programs or subsidies such as unemployment and
 food/nutrition assistance programs, student loan repayment forgiveness and economic stimulus
 payments; commodity rates; transportation, lease and insurance costs; wage rates (including
 the possibility of increased federal, and further increased state and/or local minimum wage
 rates/salary levels); foreign exchange rate fluctuations; measures that create barriers to
 or increase the costs of international trade (including sustained higher import duties or
 tariffs on both products that we sell and those that we use in our business); the dynamic
 and uncertain tariff environment (including its impact on our profitability and on our customers'
 response to price increases, as well as the uncertainty regarding the exact timing and amount
 of any tariff refund payments); and changes in laws and regulations and their effect on,
 as applicable, customer spending, confidence and disposable income, the Company's ability
 to execute its strategies and initiatives, the Company's cost of goods sold, the Company's
 SG&A expenses (including real estate and building costs), and the Company's sales
 and profitability;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· failure
 to achieve or sustain the Company's strategies, initiatives and investments, including
 those relating to merchandising (including those related to non-consumable products), real
 estate and new store development, mature stores and store remodels (including Project Elevate),
 international expansion, store formats and concepts, digital, marketing, shrink, damages,
 sourcing, private brand, inventory management, supply chain, private fleet, store operations,
 expense reduction, technology, pOpshelf, and DG Media Network;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· competitive
 pressures and changes in the competitive environment and the geographic and product markets
 where the Company operates, including, but not limited to, pricing, promotional activity,
 expanded availability of mobile, web-based and other digital technologies, effective use
 of artificial intelligence, and alliances or other business combinations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· failure
 to timely and cost-effectively execute the Company's real estate projects and timely
 meet its financial expectations, or to anticipate or successfully address the challenges
 imposed by the Company's expansion, including into new countries or domestic markets,
 states, or urban or suburban areas;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· levels
 of inventory shrinkage and damages;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· failure
 to successfully manage inventory balances and in-stock levels, as well as to predict customer
 trends, spending levels, or price sensitivity;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· failure
 to maintain the security of the Company's business, customer, employee or vendor information
 or to comply with privacy laws, or the Company or one of its vendors falling victim to a
 cyberattack (which risk is heightened as a result of political uncertainty involving China,
 the conflict between Russia and Ukraine and the conflict in the Middle East) that prevents
 the Company from operating all or a portion of its business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· damage
 or interruption to the Company's information systems as a result of external factors,
 staffing shortages or challenges in maintaining or updating the Company's existing
 technology or developing, implementing or integrating new technology (including artificial
 intelligence);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· a
 significant disruption to the Company's distribution network, the capacity of the Company's
 distribution centers or the timely receipt of inventory; increased fuel or transportation
 costs (including those related to conflict in the Middle East); issues related to supply
 chain disruptions or seasonal buying pattern disruptions; or delays in constructing, opening
 or staffing new distribution centers (including temperature-controlled distribution centers);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· risks
 and challenges associated with sourcing merchandise from suppliers, including, but not limited
 to, those related to international trade (for example, increasing tariffs on imported goods,
 political uncertainty involving China, disruptive political events such as the conflict between
 Russia and Ukraine and the conflict in the Middle East, the dynamic and uncertain tariff
 environment (including the uncertainty regarding the exact timing and amount of any tariff
 refund payments), and port labor disputes/agreements);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· natural
 disasters, unusual weather conditions (whether or not caused by climate change), pandemic
 outbreaks or other health crises, political or civil unrest, acts of war, violence or terrorism,
 and disruptive global political events (for example, political uncertainty involving China,
 the conflict between Russia and Ukraine and the conflict in the Middle East);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· product
 liability, product recall or product safety, labeling or other product-related claims;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· incurrence
 of material uninsured losses, excessive insurance costs or accident costs;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· failure
 to attract, develop and retain qualified employees while controlling labor costs (including
 the possibility of increased federal, and further increased state and/or local minimum wage
 rates/salary levels), and other labor issues, including employee expectations and productivity
 and employee safety issues;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· loss
 of key personnel or inability to hire additional qualified personnel, ability to successfully
 execute management transitions within the Company's senior leadership, or inability
 to enforce non-compete agreements that we have in place with management personnel or enter
 into new non-compete agreements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· risks
 associated with the Company's private brands, including, but not limited to, the Company's
 level of success in improving their gross profit rate at expected levels;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· failure
 to protect the Company's reputation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· seasonality
 of the Company's business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· reliance
 on third parties in many aspects of the Company's business;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· deterioration
 in market conditions, including market disruptions, adverse conditions in the financial markets
 including financial institution failures, limited liquidity and interest rate increases,
 changes in the Company's credit profile (including the Company's current increased
 debt levels or any downgrade to the Company's credit ratings), compliance with covenants
 and restrictions under the Company's debt agreements, and the amount of the Company's
 available excess capital;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· impact
 of market and other factors on the volatility of the Company's common stock price;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the
 impact of changes in or noncompliance with governmental regulations and requirements, including,
 but not limited to, those dealing with the sale of products, including without limitation,
 product and food safety, marketing, labeling or pricing; information security and privacy;
 labor and employment; employee wages, salary levels and benefits (including the possibility
 of increased federal, and further increased state and/or local minimum wage rates/salary
 levels); health and safety; real property; public accommodations; imports and customs; transportation;
 intellectual property; bribery and anti-corruption; climate change; and environmental compliance
 (including any required public disclosures related thereto), as well as tax laws and policies
 (including those related to the federal, state or foreign corporate tax rate), the interpretation
 of existing tax laws, the expiration of the Work Opportunity Tax Credit, or the Company's
 failure to sustain its reporting positions negatively affecting the Company's overall
 effective tax rate, and uncertainty surrounding potential changes to the regulatory environment
 under the current U.S. administration;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· developments
 in or outcomes of private actions, class actions, multi-district litigation, arbitrations,
 derivative actions, administrative proceedings, regulatory actions or other litigation or
 of inquiries from federal, state and local agencies, regulatory authorities, attorneys general,
 committees, subcommittees and members of the U.S. Congress, and other local, state, federal
 and international governmental authorities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· new
 accounting guidance or changes in the interpretation or application of existing guidance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· the
 factors disclosed under "Risk Factors" in the Company's most recent Annual
 Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· such
 other factors as may be discussed or identified in this press release.

All forward-looking statements are qualified in their entirety by these and other cautionary statements that the Company makes from time to time in its SEC filings and public communications. The Company cannot assure the reader that it will realize the results or developments the Company anticipates or, even if substantially realized, that

they will result in the consequences or affect the Company or its operations in the way the Company expects. Forward-looking statements speak only as of the date made. The Company undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements as a result of new information, future events or circumstances, or otherwise, except as otherwise required by law. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, the Company.

Investors should also be aware that while the Company does, from time to time, communicate with securities analysts and others, it is against the Company's policy to disclose to them any material, nonpublic information or other confidential commercial information. Accordingly, shareholders should not assume that the Company agrees with any statement or report issued by any securities analyst regardless of the content of the statement or report. Furthermore, the Company has a policy against confirming projections, forecasts or opinions issued by others. Thus, to the extent that reports issued by securities analysts contain any projections, forecasts or opinions, such reports are not the Company's responsibility.

**<u>About Dollar General Corporation</u>**

Dollar General Corporation (NYSE: DG) is proud to serve as America's neighborhood general store. Founded in 1939, Dollar General lives its mission of Serving Others every day by providing access to affordable products and services for its customers, career opportunities for its employees, and literacy and education support for its hometown communities. As of May 1, 2026, the Company's 21,055 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico provide everyday essentials including food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, and seasonal décor from our high-quality private brands alongside many of the world's most trusted brands such as Coca Cola, PepsiCo/Frito-Lay, General Mills, Hershey, J.M. Smucker, Kraft, Mars, Nestlé, Procter & Gamble and Unilever.

**DOLLAR GENERAL CORPORATION AND SUBSIDIARIES**

**Consolidated Balance Sheets**

**(In thousands)**

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| | | | |
|:---|:---|:---|:---|
|  | **(Unaudited)** | **(Unaudited)** | |
|  | **May 1,**<br>**2026** | **May 2,**<br>**2025** |<br>**January 30,**<br>**2026** |
| ASSETS |  |  |  |
| Current assets: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $1353113 | $850018 | $1138501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merchandise inventories | 6635903 | 6590096 | 6331861 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income taxes receivable | 12016 | 31896 | 17158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 466444 | 424293 | 410283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current assets | 8467476 | 7896303 | 7897803 |
| Net property and equipment | 6471946 | 6279529 | 6398589 |
| Operating lease assets | 11165359 | 11218240 | 11072500 |
| Goodwill | 4338589 | 4338589 | 4338589 |
| Other intangible assets, net | 1200061 | 1199700 | 1200050 |
| Other assets, net | 56222 | 55300 | 56199 |
| Total assets | $31699653 | $30987661 | $30963730 |
| LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |
| Current liabilities: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current portion of long-term obligations | $13302 | $19591 | $14401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Current portion of operating lease liabilities | 1553358 | 1478895 | 1532489 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 4341284 | 3836222 | 4051592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses and other | 1139351 | 1031210 | 1263296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income taxes payable | 195724 | 37747 | 99357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total current liabilities | 7243019 | 6403665 | 6961135 |
| Long-term obligations | 4563106 | 5724739 | 4565881 |

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| | | | |
|:---|:---|:---|:---|
| Long-term operating lease liabilities | 9668635 | 9794789 | 9605885 |
| Deferred income taxes | 1089414 | 1096048 | 1038863 |
| Other liabilities | 292195 | 264757 | 280004 |
| Total liabilities | 22856369 | 23283998 | 22451768 |
| Commitments and contingencies |  |  |  |
| Shareholders' equity: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred stock |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common stock | 193013 | 192557 | 192694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Additional paid-in capital | 3926810 | 3838541 | 3909593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Retained earnings | 4712449 | 3667792 | 4398466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accumulated other comprehensive income (loss) | 11012 | 4773 | 11209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total shareholders' equity | 8843284 | 7703663 | 8511962 |
| Total liabilities and shareholders' equity | $31699653 | $30987661 | $30963730 |

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**DOLLAR GENERAL CORPORATION AND SUBSIDIARIES**

**Consolidated Statements of Income**

**(In thousands, except per share amounts)**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **For the Quarter Ended** | **For the Quarter Ended** | **For the Quarter Ended** | **For the Quarter Ended** |
|  | **May 1,**<br>**2026** | **% of Net**<br>**Sales** | **May 2,**<br>**2025** | **% of Net**<br>**Sales** |
| Net sales | $10786965 | 100.00% | $10435979 | 100.00% |
| Cost of goods sold | 7376493 | 68.38 | 7204691 | 69.04 |
| Gross profit | 3410472 | 31.62 | 3231288 | 30.96 |
| Selling, general and administrative expenses | 2771956 | 25.70 | 2655175 | 25.44 |
| Operating profit | 638516 | 5.92 | 576113 | 5.52 |
| Interest expense, net | 47238 | 0.44 | 64604 | 0.62 |
| Income before income taxes | 591278 | 5.48 | 511509 | 4.90 |
| Income tax expense | 147151 | 1.36 | 119581 | 1.15 |
| Net income | $444127 | 4.12% | $391928 | 3.76% |
| Earnings per share: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic | $2.02 |  | $1.78 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted | $2.00 |  | $1.78 |  |
| Weighted average shares outstanding: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Basic | 220347 |  | 219986 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diluted | 221559 |  | 220135 |  |

---

**DOLLAR GENERAL CORPORATION AND SUBSIDIARIES** 

**Consolidated Statements of Cash Flows**

**(In thousands)**

**(Unaudited)**

---

| | | |
|:---|:---|:---|
|  | **For the 13 Weeks Ended** | **For the 13 Weeks Ended** |
|  | **May 1,**<br>**2026** | **May 2,**<br>**2025** |
| **Cash flows from operating activities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net income | $444127 | $391928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adjustments to reconcile net income to net cash from operating activities: |  |  |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation and amortization | 270832 | 252793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred income taxes | 50551 | (7682) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Noncash share-based compensation | 37031 | 30273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other noncash (gains) and losses | 1155 | 5025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Change in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merchandise inventories | (308145) | 124841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | (55810) | (29329) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 293522 | (35080) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses and other liabilities | (113547) | (2988) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income taxes | 101509 | 122847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other | (5037) | (5473) |
| Net cash provided by (used in) operating activities | 716188 | 847155 |
| **Cash flows from investing activities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchases of property and equipment | (351605) | (290928) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from sales of property and equipment | 3802 | 552 |
| Net cash provided by (used in) investing activities | (347803) | (290376) |
| **Cash flows from financing activities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repayments of long-term obligations | (4134) | (505306) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments of cash dividends | (130144) | (129819) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other equity and related transactions | (19495) | (4212) |
| Net cash provided by (used in) financing activities | (153773) | (639337) |
| Net increase (decrease) in cash and cash equivalents | 214612 | (82558) |
| Cash and cash equivalents, beginning of period | 1138501 | 932576 |
| Cash and cash equivalents, end of period | $1353113 | $850018 |
| **Supplemental cash flow information:** |  |  |
| **Cash paid for:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest | $65085 | $100729 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income taxes | $5915 | $4098 |
| **Supplemental schedule of non-cash investing and financing activities:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Right of use assets obtained in exchange for new operating lease liabilities | $475498 | $420108 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchases of property and equipment awaiting processing for payment, included in Accounts payable | $120267 | $129150 |

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**DOLLAR GENERAL CORPORATION AND SUBSIDIARIES**

**Selected Additional Information**

(Unaudited)

**Sales by Category (in thousands)**

---

| | | | |
|:---|:---|:---|:---|
|  | **For the Quarter Ended** | **For the Quarter Ended** | |
|  | **May 1,**<br>**2026** | **May 2,**<br>**2025** |<br>**% Change** |
| Consumables | $8892468 | $8636680 | 3.0% |
| Seasonal | 1084343 | 1022943 | 6.0% |
| Home products | 522978 | 507176 | 3.1% |
| Apparel | 287176 | 269180 | 6.7% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net sales | $10786965 | $10435979 | 3.4% |

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**Store Activity**

---

| | | |
|:---|:---|:---|
|  | **For the Quarter Ended** | **For the Quarter Ended** |
|  | **May 1,**<br>**2026** | **May 2,**<br>**2025** |
| Beginning store count | 20893 | 20594 |
| New store openings | 195 | 156 |
| Store closings | (33) | (168) |
| Net new stores | 162 | (12) |
| Ending store count | 21055 | 20582 |
| Total selling square footage (000's) | 160730 | 156990 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Growth rate (square footage) | 2.4% | 2.9% |

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| |
|:---|
| &nbsp;&nbsp;**Contacts** |
| &nbsp;&nbsp;Investor Contact:<br> investorrelations@dollargeneral.com |
| &nbsp;&nbsp;Media Contact: <br> dgpr@dollargeneral.com |
| Source: Dollar General Corporation |

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