Dollar General Corporation (DG)

Gross profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 2, 2024	Jan 31, 2024	Nov 3, 2023	Oct 31, 2023	Aug 4, 2023	Jul 31, 2023	May 5, 2023	Apr 30, 2023	Feb 3, 2023	Jan 31, 2023	Oct 31, 2022	Oct 28, 2022	Jul 31, 2022	Jul 29, 2022	Apr 30, 2022	Apr 29, 2022
Gross profit (ttm)	US$ in thousands	11,785,210	11,661,980	11,409,040	11,162,090	11,214,760	11,353,110	11,714,440	11,857,380	12,000,320	12,103,950	12,207,580	12,137,310	12,067,040	11,966,940	11,866,840	11,720,000	11,573,160	11,225,180	10,877,200	10,758,280
Revenue (ttm)	US$ in thousands	40,612,320	40,089,220	39,764,330	39,165,720	38,945,780	38,876,220	38,813,890	38,544,930	38,193,680	38,609,940	39,016,660	39,138,720	39,207,100	38,504,710	37,684,430	36,970,890	36,271,360	35,497,100	34,727,420	34,493,910
Gross profit margin		29.02%	29.09%	28.69%	28.50%	28.80%	29.20%	30.18%	30.76%	31.42%	31.35%	31.29%	31.01%	30.78%	31.08%	31.49%	31.70%	31.91%	31.62%	31.32%	31.19%

January 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $11,785,210K ÷ $40,612,320K
= 29.02%

The gross profit margin of Dollar General Corporation has displayed fluctuating trends over the past few years, ranging from a low of 28.50% on April 30, 2024, to a high of 31.91% on July 31, 2022. Generally, the gross profit margin has shown a gradual decline since reaching its peak in July 2022. Specifically, there was a significant drop in the margins in the fiscal year 2024, with margins falling to 29.20% on January 31, 2024, and continuing to decrease to 28.50% on April 30, 2024. The trend continued into the fiscal year 2025, with the gross profit margin remaining relatively steady around the 29% level.

The declining trend in gross profit margin could indicate challenges in managing costs and maintaining profitability. It may be beneficial for Dollar General Corporation to conduct a detailed analysis of its cost structure and pricing strategies to identify areas for improvement in order to enhance its gross profit margins in the future.