Monday, January 3, 2011

Dollar General

Discounter Dollar General Corp. (GD: News) announced on Monday its intention to add 6,000 new jobs in fiscal 2011 with the planned opening of 625 new stores a year to create.

    The company said it plans to relocate its activities in Connecticut, Nevada and New Hampshire and expand or remodel 550 stores.

    Rick Dreiling, Dollar General chairman and CEO, said: "We believe that new communities and states of new jobs, options and dedication to the community, which typically benefit dollars."

    Nashville, Tennessee, Dollar General was privatized in July 2007 and the NYSE in August 2009 after an IPO. The company now has nearly 9200 stores in 35 states.

    The company reported profit and revenue growth achieved by all three quarters in 2010. Dollar General has raised its opinion on the tax revenue to a range of $ 1.78 to 1.81 dollars per share in December. Wall Street expects net profit of 1.82 $ per share.

    DG is currently trading at 30.71 U.S. dollars to 0.04 dollars or 0.13% on the New York Stock Exchange. Last year, the value of about $ 21.30 - $ 33.73.

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