Dollar General
Dollar General Corporation is the nations largest small-box discount retailer with more than 12,000 stores in 43 states. The company was founded in 1939 and is currently headquartered in Goodlettsville, Tennessee. The company offers a focused assortment of everyday items, including consumable merchandise, as well as home, apparel, and seasonal products. Dollar General sells products from America’s most-trusted manufacturers such as Clorox, Proctor & Gamble, Hanes, Coca-Cola, Mars, Nestle, General Mills, and PepsiCo. The Dollar General model stresses convenience, quality, and low prices, attracting value-conscious shoppers. Dollar General typically targets low, middle, and fixed-income shoppers and offers approximately 25% of its merchandise for $1 or less.
Dollar General possesses an investment grade rating from Standard and Poor’s of BBB and a Moody’s long-term rating of Baa2.
- Industry: Discount
- Holding Company: Dollar General Corp.
- Lease Structure: NN
- S&P Bond Rating: BBB
- Moody’s Bond Rating: Baa2
- Website: http://www.dollargeneral.com/
Source: Wikipedia