Dollar General (DG) official guidance

Diluted EPS guidance assumes an effective tax rate of approximately 24.5%

Our EPS guidance now assumes an effective tax rate of approximately 24.5%.

| o | Diluted EPS guidance assumes an effective tax rate of approximately 24.5%, compared to the previous assumption of approximately 25% |

Our EPS guidance assumes an effective tax rate of approximately 25% and includes an anticipated negative impact of about 150 basis points from the expiration of the Work Opportunity Tax Credit on December 31, 2025, resulting in an approximate 13-cent reduction to EPS.

Diluted EPS guidance assumes an effective tax rate of approximately 25%

Diluted EPS in the range of approximately $7.80 to $8.00, compared to its previous expectation in the range of $7.20 to $7.45

With all of this in mind, we now expect the following for 2026. Net sales growth in the range of 3.7%-4.2%, same-store sales growth in the range of 2.2%-2.7%, and EPS in the range of $7.20-$7.45, which compares to our previous range of $7.10-$7.35.

| · | Diluted EPS in the range of approximately $7.20 to $7.45, compared to its previous expectation in the range of $7.10 to $7.35 |

Same-store sales growth in the range of 2.2%-2.7%, and EPS in the range of $7.10-$7.35.

Diluted EPS in the range of approximately $7.10 to $7.35

Overall, we're pleased with our inventory position, and for fiscal 2026, continue to expect inventory to grow at a rate below our sales growth.

On the expense side, we still expect modest SG&A leverage in 2026, even as we plan to accelerate investments in key initiatives, including AI, as we look to build on our momentum and progress towards achievement of our long-term financial framework goal.

On the expense side, we expect modest SG&A deleverage in 2026.

Net sales growth in the range of approximately 4.0% to 4.3%, compared to its previous expectation in the range of 3.7% to 4.2%

With all of this in mind, we now expect the following for 2026. Net sales growth in the range of 3.7%-4.2%, same-store sales growth in the range of 2.2%-2.7%, and EPS in the range of $7.20-$7.45, which compares to our previous range of $7.10-$7.35.

| · | Net sales growth in the range of approximately 3.7% to 4.2% |

Taking all of this into account, for 2026, we expect net sales growth in the range of 3.7%-4.2%.

Net sales growth in the range of approximately 3.7% to 4.2%

We continue to target annualized comp sales lifts of approximately 6% in Project Renovate stores and approximately 3% in Project Elevate stores.

We continue to target annualized comp sales lift of approximately 6% in Project Renovate stores and approximately 3% in Project Elevate stores.

We continue to target annualized comp sales lifts of approximately 6% in Project Renovate stores and approximately 3% in Project Elevate stores.

We continue to target annualized comp sales lift of approximately 6% in Project Renovate stores and approximately 3% in Project Elevate stores.

Same-store sales growth in the range of approximately 2.5% to 2.9%, compared to its previous expectation in the range of 2.2% to 2.7%

With all of this in mind, we now expect the following for 2026. Net sales growth in the range of 3.7%-4.2%, same-store sales growth in the range of 2.2%-2.7%, and EPS in the range of $7.20-$7.45, which compares to our previous range of $7.10-$7.35.

| · | Same-store sales growth in the range of approximately 2.2% to 2.7% |

Same-store sales growth in the range of 2.2%-2.7%, and EPS in the range of $7.10-$7.35.

Same-store sales growth in the range of approximately 2.2% to 2.7%

and approximately 10 new stores in Mexico

As part of our plans to open a total of approximately 10 stores in Mexico in 2026, we opened five Mi Súper Dollar General stores in Q1, bringing us to a total of 21 stores in Mexico.

The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026, including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

We had a total of 16 Mi Súper Dollar General stores at the end of 2025 and now expect to open approximately 10 additional stores in 2026.

including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico

We plan to open approximately 10 additional stores in Mexico.

For the fiscal year ending January 29, 2027 (“fiscal year 2026”), the Company plans to execute approximately 4,730 real estate projects, including opening approximately 450 new stores in the U.S. (as well as approximately 10 new stores in Mexico), fully remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

including opening approximately 450 new stores in the United States

In Q1, we opened 190 new stores in the U.S. as part of our continued plan to open a total of 450 new stores in 2026.

The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026, including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

In 2025, we opened 581 new stores in the U.S., and we plan to open an additional 450 new stores in 2026.

including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico

For the fiscal year ending January 29, 2027 (“fiscal year 2026”), the Company plans to execute approximately 4,730 real estate projects, including opening approximately 450 new stores in the U.S. (as well as approximately 10 new stores in Mexico), fully remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

remodeling approximately 2,250 stores through Project Elevate

We continue to expect to execute a total of 2,000 Project Renovate remodels and 2,250 Project Elevate remodels this year.

The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026, including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

We have ample opportunity to continue elevating our brand through these projects and continue to expect to execute 2,000 Project Renovate remodels and 2,250 Project Elevate remodels.

remodeling approximately 2,250 stores through Project Elevate

For the fiscal year ending January 29, 2027 (“fiscal year 2026”), the Company plans to execute approximately 4,730 real estate projects, including opening approximately 450 new stores in the U.S. (as well as approximately 10 new stores in Mexico), fully remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

remodeling approximately 2,000 stores through Project Renovate

We continue to expect to execute a total of 2,000 Project Renovate remodels and 2,250 Project Elevate remodels this year.

The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026, including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

We have ample opportunity to continue elevating our brand through these projects and continue to expect to execute 2,000 Project Renovate remodels and 2,250 Project Elevate remodels.

remodeling approximately 2,000 stores through Project Renovate

For the fiscal year ending January 29, 2027 (“fiscal year 2026”), the Company plans to execute approximately 4,730 real estate projects, including opening approximately 450 new stores in the U.S. (as well as approximately 10 new stores in Mexico), fully remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

| · | Capital expenditures, including those related to investments in the Company’s strategic initiatives, in the range of $1.4 billion to $1.5 billion |

We expect capital spending in the range of $1.4 billion-$1.5 billion, which is aligned with our capital allocation priorities and designed to support ongoing growth.

Capital expenditures, including those related to investments in the Company’s strategic initiatives, in the range of $1.4 billion to $1.5 billion

Our expectations for capital spending and real estate projects are unchanged from what are previously stated amounts.

The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026, including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026

For the fiscal year ending January 29, 2027 (“fiscal year 2026”), the Company plans to execute approximately 4,730 real estate projects, including opening approximately 450 new stores in the U.S. (as well as approximately 10 new stores in Mexico), fully remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

While our guidance does not contemplate share repurchases this year, they remain an important part of our broader capital allocation strategy at the appropriate time.

In addition, our board of directors recently approved a quarterly cash dividend payment of 59 cents per share for Q1 2026. While our guidance does not contemplate share repurchases this year, they remain an important part of our broader capital allocation strategy at the appropriate time.

The Company’s financial guidance assumes no share repurchases in fiscal 2026.

The Company is also reiterating its plans to execute approximately 4,730 real estate projects in fiscal 2026, including opening approximately 450 new stores in the United States and approximately 10 new stores in Mexico, remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

and relocating approximately 20 stores

For the fiscal year ending January 29, 2027 (“fiscal year 2026”), the Company plans to execute approximately 4,730 real estate projects, including opening approximately 450 new stores in the U.S. (as well as approximately 10 new stores in Mexico), fully remodeling approximately 2,000 stores through Project Renovate, remodeling approximately 2,250 stores through Project Elevate, and relocating approximately 20 stores.

For the full year, we expect continued gross margin expansion, though to a much lesser extent than 2025, as we lap the strong performance from prior year.