Dollar General Corporation (DG)

Gross profit margin

		Feb 2, 2024	Nov 3, 2023	Aug 4, 2023	May 5, 2023	Feb 3, 2023	Oct 28, 2022	Jul 29, 2022	Apr 29, 2022	Jan 28, 2022	Oct 29, 2021	Jul 30, 2021	Apr 30, 2021	Jan 29, 2021	Oct 30, 2020	Jul 31, 2020	May 1, 2020	Jan 31, 2020	Nov 1, 2019	Aug 2, 2019	May 3, 2019
Gross profit (ttm)	US$ in thousands	11,719,030	11,961,010	12,033,680	12,037,210	11,820,100	11,372,020	11,106,260	10,795,700	10,813,010	10,849,470	10,798,270	10,878,850	10,718,870	10,254,930	9,751,780	9,082,480	8,489,070	8,288,000	8,117,970	7,943,900
Revenue (ttm)	US$ in thousands	38,447,860	38,794,560	38,593,980	38,264,760	37,633,610	36,118,450	35,185,880	34,414,030	34,062,920	33,864,500	33,545,190	33,579,340	33,667,220	32,410,340	31,242,400	29,579,230	27,753,960	27,246,130	26,672,200	26,133,760
Gross profit margin		30.48%	30.83%	31.18%	31.46%	31.41%	31.49%	31.56%	31.37%	31.74%	32.04%	32.19%	32.40%	31.84%	31.64%	31.21%	30.71%	30.59%	30.42%	30.44%	30.40%

February 2, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $11,719,030K ÷ $38,447,860K
= 30.48%

The gross profit margin for Dollar General Corporation has shown some fluctuation over the past few quarters. Starting from November 2019 to February 2024, the gross profit margin ranged from 30.40% to 32.40%.

In general, the trend indicates that Dollar General has maintained a relatively stable gross profit margin around the low 30% range. The company's ability to generate profits after deducting the cost of goods sold has been consistent, with only minor variations in the margin over time.

It is essential for Dollar General to continue monitoring and managing its cost of goods sold effectively to ensure the sustainability of its gross profit margin. fluctuations in the cost of goods sold can directly impact the company's profitability.