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GOODLETTSVILLE, Tenn. — Dollar General on Wednesday posted net sales of $4.4 billion for the second quarter ended Aug. 2, up 11.3%.
“Dollar General delivered another solid quarter. Our same-store sales growth for the second quarter of 2013 accelerated to 5.1%," stated Rick Dreiling, Dollar General chairman and CEO. "We are very pleased with the increase in customer traffic in our stores. We continue to grow our market share and believe that our second-quarter results position us well to deliver our financial outlook for the year."
Consumables sales continued to increase at a higher rate than non-consumables in the 2013 quarter, Dollar General reported, with the most significant growth related to the company’s newly introduced tobacco products and strong sales of perishables and candy and snacks. Same-store sales growth was solid in seasonal and apparel, and the trend in home products improved from the 2013 first-quarter results.
Dollar General shares were up $2.20 to $56.10 in early morning trading.
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