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Here is some information about Dollar General:

1. Financial Performance: Dollar General Corporation has reported financial results for the fiscal year 2023 fourth quarter and full year, ending February 2, 2024. The company reported a net sales increase of 6.1% to $9.9 billion for the first quarter of fiscal 2024, with same-store sales growth of 2.4%. However, operating profit decreased by 26.3% to $546.1 million, and diluted EPS decreased by 29.5% to $1.65.
2. Store Expansion: Despite the challenging environment, Dollar General has been actively expanding its store footprint. The company celebrated the grand opening of its 20,000th store in February 2024, marking its commitment to providing communities with convenient and affordable access to household essentials and nutritious foods. Additionally, Dollar General plans to open approximately 800 new stores in 2024, primarily in underserved markets.
3. Strategic Initiatives: Dollar General has been focusing on improving customer engagement and reducing shrinkage. The company removed self-checkout from 9,000 stores in the previous quarter and plans to remove it from an additional 3,000 stores, bringing the total to 12,000. This move is aimed at driving increased customer engagement and better positioning the company to reduce shrinkage in the future.
4. Market Position: Dollar General has positioned itself as America's neighborhood general store, serving customers with affordable products and services. The company's mission of "Serving Others" guides its operations, including its commitment to literacy and education in hometown communities.

In conclusion, Dollar General is currently experiencing growth in store count, despite facing challenges in profitability. The company is focusing on strategic initiatives to improve operational efficiency and customer engagement, while continuing to serve as a cornerstone of local communities.