Summary of Important Points from Dollar General Corp Earnings Conference Call

•EPS up 13 percent to $0.71 per share •Total sales increased 8.5 percent year over year, reaching a record of $4.2 billion •Same-store sales grew 2.6 percent •Adjusted operating profit increased 3 percent to $396 million •Gross profit dollars increased 5 percent •SG&A expense were down from 21.6 percent to 21.3 percent of sales, an improvement of 37 basis points: primary due to decreases in compensation and general liability expenses •Total inventories were up 14 percent to $2.41 billion •Capital expenditures totaled to $150 million: mainly due to store upgrades and expansions •165 new stores were opened during the quarter with 207 remodeled

•EPS expected to be in the range of $3.15 to $3.22 •Total sales are expected to increase 10 to 11 percent •Same-store sales are expected to increase 4 to 5 percent •Operating profit are expected to be the range of $1.73 billion to $1.77 billion •635 new stores are expected to open with 550 stores remodeled or relocated •Capital expenditures are expected to be in the range of $575 million to $625 million •Significant initiative implementation of tobacco products in every store by the end of second quarter

opened on Tuesday at $50.00.