8-KEarnings & ResultsRegulation FDExhibits & Filings

DOLLAR GENERAL CORP 8-K Report, Financial Results (Aug 27, 2020)

Filed August 27, 2020For Securities:DG

Summary

Dollar General Corporation (DG) filed an 8-K on August 27, 2020, to report its second-quarter fiscal 2020 financial results for the period ended July 31, 2020. The filing also provided an update on the company's outlook and corporate actions. Key financial and strategic updates include the declaration of a quarterly cash dividend and a significant increase in the share repurchase program authorization. Investors should note that while the earnings release is furnished, it is not considered "filed" for Section 18 purposes, meaning it won't be automatically incorporated into future SEC filings unless explicitly referenced. This filing provides a snapshot of the company's performance and capital allocation strategy during the specified period.

Key Highlights

  • 1DG reported its fiscal 2020 second-quarter results for the period ending July 31, 2020.
  • 2The company provided an updated outlook for the fiscal year.
  • 3A quarterly cash dividend of $0.36 per share was declared, payable by October 20, 2020, to shareholders of record on October 6, 2020.
  • 4The Board of Directors increased the share repurchase program authorization by $2.0 billion.
  • 5The filing incorporates by reference the company's earnings release (Exhibit 99) which contains detailed financial information and forward-looking statements.
  • 6Information furnished under Item 2.02 and 7.01 is not deemed 'filed' for Section 18 purposes.

Frequently Asked Questions

The 8-K filing on August 27, 2020, refers to a furnished earnings release (Exhibit 99) which contains the detailed financial results for the fiscal 2020 second quarter ended July 31, 2020. Investors would need to refer to this exhibit for specific revenue, profit, and margin figures.

Dollar General's Board of Directors declared a quarterly cash dividend of $0.36 per share and increased the authorization under its share repurchase program by $2.0 billion. These actions reflect a commitment to returning capital to shareholders.

No, the information furnished under Item 2.02 and Item 7.01 of this 8-K, including the earnings release, is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. It will not be automatically incorporated by reference into future filings unless the company explicitly states so.

The news release mentioned in the filing announces a planned conference call to discuss the reported financial results, the company's outlook, and other related matters. Specific details regarding the date and time of this call would be found in the furnished earnings release (Exhibit 99).