Earnings release
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DOLLAR GENERAL Dollar General Corporation Reports Second Quarter 2021 Results Updates Financial Guidance for Fiscal Year 2021 August 26 , 2021 06:55 AM Eastern Daylight Time ● GOODLETTSVILLE , Tenn .-- ( BUSINESS WIRE ) -- Dollar General Corporation ( NYSE : DG ) today reported financial results for its fiscal year 2021 second quarter ( 13 weeks ) ended July 30 , 2021 . • Net Sales Decreased 0.4 % to $ 8.7 Billion • Same - Store Sales Decreased 4.7 % ; Increased 14.1 % on a two - year stack basis¹ Operating Profit of $ 849.6 Million , or 9.8 % as a percentage of net sales • Diluted Earnings Per Share ( " EPS " ) of $ 2.69 , representing a two - year compound annual growth rate of 27.7 % , or 24.3 % compared to Q2 2019 Adjusted Diluted EPS² • Year to Date Cash Flows From Operations of $ 1.3 Billion • Board of Directors Declares Quarterly Cash Dividend of $ 0.42 per share 1 Same - store sales on a two - year stack basis represents the sum of the Q2 2021 same - store sales decrease and the Q2 2020 same - store sales increase . 2 See Reconciliation of Non - GAAP Adjusted Diluted Earnings Per Share for reconciliation of Q2 2019 Adjusted Diluted EPS to Q2 2019 Diluted EPS ; see also " Non - GAAP Disclosure " herein . " We are pleased with our second quarter results , and remain grateful to our associates for their dedication to fulfilling our mission of Serving Others , " said Todd Vasos , Dollar General's chief executive officer . " Despite what remains a challenging operating environment , including additional uncertainties brought on by the Delta variant and pressures on the global supply chain , our team has continued to successfully adapt and deliver for our customers . " " During the quarter , we made significant progress on many key initiatives , including the completion of our initial rollout of DG Fresh and the opening of our first pOpshelf store - within - a - store concept . In addition , we executed more than 750 real estate projects , including new store openings in our pOpshelf concept and larger footprint Dollar General formats . We remain focused on delivering value and convenience for our customers , while driving long - term sustainable growth and value for our shareholders . We feel very good about the underlying strength of the business , and we are excited about our plans for the second half of fiscal 2021. "