The company plans to open approximately 730 new stores (including pOpshelf stores and stores in Mexico), remodel approximately 1,620 stores, and relocate approximately 85 stores in fiscal 2024.

In light of the softer discretionary sales environment, the company has converted certain pOpshelf stores to Dollar General stores, and does not believe opening new stores in fiscal 2025 is the best use of capital. At the end of the third quarter of 2024, the company operated 231 standalone pOpshelf stores.

The company expects the significant majority of the stores to be predominately in one of their 8,500 square foot formats in 2025. This format allows for expanded high-capacity-cooler counts, an extended queue line, and a broader product assortment.

The company continues to experience significant levels of inventory shrink and anticipates it will materially pressure fiscal 2024 full-year financial results.

The company is taking actions designed to reduce higher than targeted store manager turnover, including through budgeting and allocation of labor hours, simplifying in-store activities, and reducing excess inventory.

The company continues to implement and invest in certain strategic initiatives that it believes will help drive profitable sales growth with both new and existing customers and capture long-term growth opportunities.

Ongoing inflationary pressures will continue to affect operating results and those of vendors and customers. Increases in market interest rates have had a negative impact on interest expense.

Significant or rapid increases to federal, and further increases to state or local, minimum wage rates or salary levels could significantly adversely affect earnings if the company is not able to otherwise offset these increased labor costs elsewhere in the business.

If the Company is not successful in its defense efforts, the resolution of the Shareholder Securities Litigation could have a material adverse effect on the Company's consolidated financial statements as a whole.

The increase in same-store sales reflects a 1.1% increase in average transaction amount and a 0.3% increase in customer traffic.

Sales mix has continued to shift toward consumables, which currently constitutes a historically high proportion of our sales mix.

The company seeks to drive profitable sales growth through initiatives aimed at increasing customer traffic and average transaction amount.

Efficient management of inventory has been and continues to be an area of focus for the company.

The company is focused on distribution and transportation efficiencies to enhance margins.

The primary expenses that were a higher percentage of net sales in the current year period were hurricane-related costs, retail labor and depreciation and amortization.

The company is providing customers with a variety of shopping access points and even greater value and convenience by leveraging and developing digital tools and technology, such as the Dollar General app.

The company continues to grow its DG Media Network, which is its platform for connecting brand partners with customers to drive even greater value for each.

Moving forward, the company plans to focus on additional optimization of the distribution footprint and product assortment within DG Fresh with the goal to further drive profitable sales growth.

Pursuant to its common stock repurchase program, during the 39-week periods ended November 1, 2024 and November 3, 2023, respectively, the Company repurchased no shares of its common stock in the open market.

In December 2024, the Board declared a quarterly cash dividend of $0.59 per share, which is payable on or before January 21, 2025, to shareholders of record on January 7, 2025.

Capital expenditures for 2024 are currently projected to be approximately $1.3 billion to $1.4 billion.

The provided document does not contain any specific details about ESG initiatives.

Our customers continue to feel constrained in the current macroeconomic environment and continue to experience elevated expenses such as rent, healthcare, energy and fuel prices.

Certain of our customers have reported that they are relying on credit cards to purchase basic household items.

As a result of this pressure, we are experiencing a heavier promotional environment in the second half of 2024 compared to the prior year.