Dollar General’s Growth Now Exceeds Target’s That is an increase of $1.52 billion in just a year that’s impressive for a company with an enterprise value of just $24.67 billion. Dollar General reported a TTM revenue of $17.79 billion in April 2014 that grew to $19.31 billion in April 2015. It is not just the rate of revenue growth at Dollar General that is impressive it is the amount of revenue growth. A chain often cited as the biggest success story in modern American retail, Costco Wholesale (NASDAQ: COST), reported a rate of just 1.19%.
(NYSE: WMT) reported a rate of -.12%, and Target (NYSE: TGT) reported a rate of 2.77%. That was far better than the industry leaders. On April 30, 2015, Dollar General reported a year to year revenue growth rate of 8.77%. Business is booming at the bottom-feeding small box operator even though it seems to break all the modern retail rules. The most surprising retail success story in America today is that at Dollar General (NYSE: DG).
0 kommentar(er)
