Dollar General (DG) 10-K Summary — Year Ended Feb 3, 2023
Dollar General Corporation filed its annual 10-K for the period ended February 3, 2023. The filing covers business overview, risk factors, management discussion, and liquidity and capital resources.
Key takeaway
Year ended Feb 3, 2023 · FY2024 10-K
Dollar General Corporation filed its annual 10-K for the period ended February 3, 2023. The filing covers business overview, risk factors, management discussion, and liquidity and capital resources.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$37.8B
Revenue reported for the fiscal year.
Operating income
$3.3B
Income from operations reported for the year.
Net income
$2.4B
Net income reported for the year.
Operating cash flow
$2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 28, 2022 | $34.2B | n/a |
| Feb 3, 2023 | $37.8B | +10.6% |
Business overview
Dollar General operates a chain of discount retail stores. The company focuses on providing everyday essentials and consumable products to customers in convenient locations.
Financial performance
Revenue increased compared to the prior year, while operating income and net income were reported at lower levels. Cash flow from operations was also reported.
Material risks
The company faces risks from inflation, which has increased product costs and affected building material and capital costs. Global and internal supply chain disruptions also pose material risks.
Liquidity and capital
Over the past three years, the company generated significant cash from operations and used it for capital expenditures, store expansion, and remodeling activities.
What to watch
Monitor the company's ability to manage supply chain disruptions and inflationary pressures in the next filing.