Sales Growth

year: The company tightened its grip on shoppers during the most recent quarter, increasing sales at stores open for at least a year by 4.6% compared with the same period a year ago, according to CNN. It marked Dollar General DG 's fastest quarter of sales growth in five years. It's so confident in that strategy that it plans to open 1,000 new stores in 2020, just as it has for the past several years. Its profit increased, too, up 11% during the quarter and the company raised its outlook, driving its shares up 5% in early trading. By opening 1,000 new stores next year, Dollar General's growth is nearly unrivaled in the industry at a time in which many brick-and-mortar retailers are closing stores or folding. Dollar General stock has rallied more than 50% over the last two years. (news.financializer.com). As reported in the news.