Discount retailer Dollar General Corporation has reported total retail sales equaled $745.8 million for its five-week January period ended February 3, 2006 compared with $547.4 million for its four-week January period ended January 28, 2005.
Excluding the extra week in the most recent year's results, same-store sales for the four-week period ended January 27, 2006 decreased 1.0 percent versus a 5.1 percent increase in the corresponding period in the previous year. While same-store sales of highly consumable and seasonal merchandise increased moderately for the period, sales of home products and basic apparel declined.
For the 14-week fiscal quarter ended February 3, 2006, total retail sales equaled $2.5 billion compared with $2.2 billion for the 13-week quarterly period ended January 28, 2005. Excluding the extra week in the most recent year's results, same-store sales decreased 1.6 percent versus a 3.0 percent increase in the corresponding period in the previous year.
For the 53-week fiscal year ended February 3, 2006, total retail sales equaled $8.6 billion compared with $7.7 billion for the 52-week fiscal year ended January 28, 2005. Excluding the extra week in the most recent year's results, same-store sales increased 2.0 percent versus a 3.2 percent increase in the corresponding period in the previous year.
During the fiscal year ended February 3, 2006, the company opened 734 stores and closed 125 stores, including 41 stores closedas a result of hurricane damage.
Dollar General is a Fortune 500 discount retailer with 7,929 neighborhood stores as of February 3, 2006. It offers 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.
Dollar General Corporation
marketing@alchempro.com
