Dollar General Corporation has reported total retail sales for the four-week period ended February 24th 2006, equaled $645.7 million compared to $607.9 million last year, an increase of 6.2 percent.
For the four-week period, same-store sales decreased 0.5 percent compared to a 5.5 percent increase in the four-week period ended February 25th 2005. Same-store sales of highly consumable and seasonal merchandise increased moderately for the period, while sales of home products and basic apparel declined.
The company has revised its method for determining the stores that are included in the company's publicly released same-store sales calculations. Beginning with this monthly sales release, the company now provides same-store sales calculations for those stores that have been open at least 13 full fiscal months and remain open at the end of the reporting period.
Previously, the company's same-store sales calculation included only stores that were open both at the end of the period and at the beginning of the preceding fiscal year.
The accompanying table presents monthly same-store sales for the company's prior fiscal year calculated in the new manner. These revised calculations will appear in our fiscal 2006 sales releases going forward as same-store sales for fiscal 2005. Same-store sales as previously reported are included in the accompanying table for comparison.
Dollar General is a Fortune 500(R) discount retailer with 7,993 neighborhood stores as of February 24, 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, house wares and seasonal items at everyday low prices.
Dollar General Corporation
marketing@alchempro.com
