Dollar General’s Fiscal 2017 Profitability
Dollar General’s (DG) fiscal 2017 gross margin fell eight basis points to 30.8% of sales. The company saw an increase in the proportion of lower-margin products and consumables in its total sales, higher markdowns, and increased transportation costs. While the gross margin was down during the first two quarters, Q3 and Q4 together recorded an improvement of 50 basis points.