Dollar General Corporation (DG)

Gross profit margin

		Jan 31, 2025	Feb 2, 2024	Jan 31, 2024	Feb 3, 2023	Jan 31, 2023
Gross profit	US$ in thousands	12,017,500	11,719,000	11,719,000	11,820,100	11,820,100
Revenue	US$ in thousands	40,612,300	38,364,800	38,691,600	37,633,600	37,844,900
Gross profit margin		29.59%	30.55%	30.29%	31.41%	31.23%

January 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $12,017,500K ÷ $40,612,300K
= 29.59%

Based on the provided data, Dollar General Corporation's gross profit margin has shown a slight fluctuation over the years. The gross profit margin was 31.23% as of January 31, 2023, increased to 31.41% by February 3, 2023, but then declined to 30.29% by January 31, 2024. Subsequently, the margin rose to 30.55% by February 2, 2024. However, it decreased to 29.59% as of January 31, 2025.

This trend indicates some variability in Dollar General's ability to generate profits from its core business operations over the period under review. A declining gross profit margin could suggest challenges in managing costs, pricing strategies, or changes in sales mix affecting the company's profitability. Further analysis of the underlying factors influencing these fluctuations would be necessary to fully assess the company's financial health and performance.