| Business Summary | | Dollar
General
Corporation
is
a
discount
retailer
of
general
merchandise
at
low
prices.
Through
conveniently
located
neighborhood
stores,
the
Company
offers
a
focused
assortment
of
consumable
basic
merchandise,
including
health
and
beauty
aids,
packaged
food
products,
cleaning
supplies,
housewares,
stationery,
seasonal
goods,
basic
apparel
and
domestics.
During
1999,
hardline
and
softline
merchandise
accounted
for
82%
and
18%
of
net
sales,
respectively.
As
of
November
2000,
the
Company
operated
4,889
stores
located
in
25
states,
primarily
in
the
midwestern
and
southeastern
United
States.
The
Company
serves
the
consumable
basics
needs
of
customers
primarily
in
the
low-
and
fixed-income
brackets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DG
is
a
discount
retailer
of
general
merchandise
at
everday
low
prices
through
4,889
stores
located
primarily
in
small
towns
in
the
midwestern
and
southeastern
U.S.
For
the
fiscal
year
ended
2/2/01,
sales
rose
17%
to
$4.55
billion.
Net
income
applicable
to
Common
fell
6%
to
$206
million.
Revenues
reflect
additional
stores
and
an
increase
in
same-store
sales.
Net
income
was
offset
by
increased
S/G/A
expenses
as
a
percentage
of
revenues,
along
with
higher
interest
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Cal Turner, Jr., 60 Chairman,
CEO | $1.4M | $8.8M | Donald Shaffer Pres,
COO | -- | -- | James Hagan, 42 CFO,
Exec. VP | -- | -- | Brian Burr, 43 Exec.
VP | 443K | -- | Tom Hartshorn, 50 Exec.
VP, Merchandising | -- | -- | Dollar
amounts are as of 29-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|