Dollar(DG) - 2026 Q4 - Annual Results

Financial Performance - Fourth quarter net sales increased 5.9% to $10.9 billion; fiscal year net sales increased 5.2% to $42.7 billion[4] - Fourth quarter same-store sales increased 4.3%; fiscal year same-store sales increased 3.0%[4] - Fourth quarter operating profit increased 106.1% to $606.3 million; fiscal year operating profit increased 28.6% to $2.2 billion[4] - Fourth quarter diluted EPS increased 121.8% to $1.93; fiscal year diluted EPS increased 34.1% to $6.85[4] - Net income for the year ended January 30, 2026, reached $1,512,311, up 34.4% from $1,125,253 in the previous year[36] - Net income for the year ended January 30, 2026, increased to $1,512,311 from $1,125,253, representing a growth of 34.3%[38] - Net sales for the year ended January 30, 2026, reached $42,724,369, up 5.2% from $40,612,308 in the previous year[40] - Cash flows from operating activities increased to $3,634,500 for the year ended January 30, 2026, compared to $2,996,064 in the previous year, a rise of 21.3%[38] Store Operations - The company plans to open approximately 450 new stores in the United States and approximately 10 new stores in Mexico in fiscal 2026[22] - The company opened 589 new stores during the year, resulting in a net increase of 299 stores, bringing the total store count to 20,893[42] - The company operates 20,893 stores across the United States and Mexico, providing a wide range of essential products[32] Inventory and Assets - As of January 30, 2026, total merchandise inventories decreased 7.0% on an average per-store basis to $6.3 billion[17] - Merchandise inventories decreased to $6,331,861 as of January 30, 2026, from $6,711,242 as of January 31, 2025[34] - Total assets as of January 30, 2026, were $30,963,730, a slight decrease from $31,132,733 as of January 31, 2025[34] Profitability Metrics - Gross profit margin improved to 30.45% for the quarter ended January 30, 2026, compared to 29.40% for the same quarter in 2025[36] - Operating profit for the year ended January 30, 2026, was $2,203,668, representing a 28.5% increase from $1,714,074 in 2025[36] Cash Flow and Dividends - Annual cash flow from operations increased 21.3% to $3.6 billion[4] - The company declared a quarterly cash dividend of $0.59 per share, payable on or before April 21, 2026[20] - The ending cash and cash equivalents balance increased to $1,138,501 from $932,576, reflecting a growth of 22.1%[38] - The company reported a decrease in cash paid for interest to $290,420 from $336,625, a reduction of 13.7%[38] Sales Performance - Consumables sales for the year increased by 5.0% to $35,053,180, up from $33,370,910[40] - Seasonal sales for the year increased by 6.2% to $4,327,364, compared to $4,073,317 in the previous year[40] - Total selling square footage grew by 1.3% to 158,898, compared to 156,882 in the previous year[42] Risks and Challenges - The company faces risks related to supply chain disruptions and political uncertainties affecting sourcing and inventory management[28]