Dollar General reported a 122.9% rise in fourth-quarter (Q4) net income for the period ended 30 January 2026 and expects modest fiscal 2026 sales growth amid cautious consumer spending and competition.
For the fourth quarter, net sales increased by 5.9% to $10.91bn.
Net income climbed to $426.3m while diluted earnings per share (EPS) surged 121.8% to $1.93, compared with $0.87 in the prior-year period.
Same-store sales rose 4.3%, supported by a 2.6% increase in customer traffic and a 1.7% rise in the average transaction value.
The company recorded growth across several product segments, including consumables, seasonal merchandise, home products and apparel.
Operating profit for Q4 more than doubled, increasing 106.1% to $606.2m.
The results for the prior-year quarter were affected by charges of $232m tied to a store portfolio optimisation review, which included store closures and impairment charges related to pOpshelf.
For the full fiscal year, net sales grew 5.2% to $42.72bn.
Same-store sales increased 3%, reflecting a 1.6% rise in customer traffic and a 1.4% improvement in the average transaction value.
Operating profit for FY25 reached $2.20bn, representing an increase of 28.6%.
Net income rose 34.4% to $1.51bn while diluted EPS advanced 34.1% to $6.85 from $5.11 in the previous year.
Looking ahead, the retailer expects net sales in fiscal 2026 to grow between 3.7% and 4.2%, with same-store sales projected to increase by 2.2% to 2.7%.
Dollar General also confirmed plans for approximately 4,730 real estate projects in FY26.
These include opening 450 new stores in the US and around ten in Mexico, remodelling 2,000 stores under Project Renovate and 2,250 stores through Project Elevate, as well as relocating around 20 stores.
Dollar General CEO Todd Vasos said: “Looking ahead to 2026, we are excited about our plans to drive continued growth through a variety of initiatives designed to further enhance the customer experience, elevate our brand, drive greater enterprise-wide efficiencies, and extend our reach, all while creating long-term shareholder value.”
