Dollar General Corp (WBO:DGEN)
€ 130.1 -0.78 (-0.6%) Market Cap: 28.13 Bil Enterprise Value: 44.43 Bil PE Ratio: 18.24 PB Ratio: 4.49 GF Score: 64/100

Dollar General Corp at Barclays Global Consumer Staples Conference Transcript

Sep 05, 2019 / 07:00PM GMT
Karen Fiona Short
Barclays Bank PLC, Research Division - Research Analyst

Good afternoon, everyone. My name is Karen Short, and I'm the staples and hard-line retail analyst at Barclays. Today, we're very pleased to welcome Dollar General to the Barclays Staples Conference. We hope this is the first of many appearances. With close to $30 billion in sales and more than 6% unit growth, Dollar General is definitely a disrupter in the U.S. consumable space, given the formats, broad appeal, relevance and price points. Some of you even heard me say this before, but consumers want to feel smart, not cheap, and Dollar General is in the sweet spot of that trend.

With us from Dollar General, we're pleased to welcome Todd Vasos, CEO of Dollar General since 2015, and prior to being named CEO, was COO from 2013 to 2015. Todd originally joined Dollar General in 2008.

We're also pleased to introduce John Garratt, Executive Vice President and Chief Financial Officer of Dollar General. John was named CFO in December of 2015. It is worth noting because it is relevant, when this team transitioned -- when

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