Group 1 - The 2024 Universal Registration Document of VINCI is now available in English on the Group's website [2] - VINCI operates in concessions, energy, and construction, employing over 285,000 people in more than 120 countries [2] - The company focuses on designing, financing, building, and operating infrastructure and facilities to improve daily life and mobility [2] Group 2 - VINCI is committed to operating in an environmentally, socially responsible, and ethical manner [2] - The company aims to create long-term value for customers, shareholders, employees, partners, and society [2]

Financial Data and Key Metrics Changes - Net sales increased by 4.5% to $10.3 billion in Q4 compared to $9.9 billion in the same quarter last year, marking the first time the company achieved fiscal year sales exceeding $40 billion [10][84] - Same-store sales rose by 1.2%, driven entirely by a 2.3% increase in average transaction amount, despite a 1.1% decline in customer traffic [11][86] - Gross profit as a percentage of sales was 29.4%, a decrease of 8 basis points, primarily due to increased markdowns and distribution costs [27][101] - Operating profit decreased by 49% to $294 million, with a negative impact of approximately $232 million from impairment charges related to the portfolio review [31][104] - EPS for the quarter decreased by 52.5% to $0.87, including a negative impact of approximately $0.81 per share from the portfolio review [32][105] Business Line Data and Key Metrics Changes - The consumable category drove the comp sales increase, while declines were noted in seasonal home and apparel categories [12][86] - The company closed 96 Dollar General stores and identified 51 Pop Shelf store closures, optimizing resource allocation [17][93] Market Data and Key Metrics Changes - The company continued to grow market share in both consumable and non-consumable product sales during Q4 [11][85] - Customer financial situations have worsened due to ongoing inflation, impacting traffic and spending behavior [13][87] Company Strategy and Development Direction - The company is focused on back-to-basics initiatives to enhance in-store experiences and optimize operations [16][58] - Plans for 2025 include net sales growth of 3.4% to 4.4%, same-store sales growth of 1.2% to 2.2%, and EPS guidance of $5.10 to $5.80 [36][110] - The company aims to increase non-consumable sales mix by at least 100 basis points by the end of 2027 [70] Management's Comments on Operating Environment and Future Outlook - Management does not anticipate improvement in the macro environment for core customers entering 2025, emphasizing the need for value and convenience [14][88] - The company is optimistic about mitigating tariff impacts and is closely monitoring economic headwinds [15][89] - Management expressed confidence in the long-term growth framework and the strength of the business model [54][55] Other Important Information - The company generated cash flows from operations of $3 billion in 2024, an increase of 25% driven by improved working capital management [33][107] - Capital expenditures for 2024 were $1.3 billion, with plans for approximately 4,885 real estate projects in 2025 [34][112] Q&A Session Summary Question: What are the expectations for sales growth in 2025? - The company expects net sales growth in the range of 3.4% to 4.4% and same-store sales growth of 1.2% to 2.2% [36][110] Question: How is the company addressing the impact of inflation on customers? - Management acknowledged the ongoing financial pressures on customers and emphasized the commitment to providing value and convenience [14][88] Question: What are the plans for store openings and remodels in 2025? - The company plans to open 575 new stores and execute 2,000 full remodels, along with 2,250 Project Elevate remodels [112]

Discount retailer Dollar General Corp (NYSE:DG) is surging this morning, up 6% at $79.35, after reporting strong fourth-quarter earnings. The company posted earnings of $1.68 per share on revenue of $10.3 billion, exceeding Wall Street expectations. Despite plans to close 96 general stores and 45 pOpshelf locations this quarter, options traders are piling into the stock following the results.Options volume is running hot, with 9,079 calls and 8,254 puts exchanged so far -- triple the average daily volume. T ...

Core Viewpoint - Dollar General reported quarterly earnings of $1.68 per share, exceeding the Zacks Consensus Estimate of $1.50 per share, but down from $1.83 per share a year ago, indicating a 8.2% year-over-year decline [1] Financial Performance - The company achieved revenues of $10.3 billion for the quarter ended January 2025, surpassing the Zacks Consensus Estimate by 0.44% and showing an increase from $9.86 billion year-over-year, representing a 4.3% growth [2] - Over the last four quarters, Dollar General has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Dollar General shares have declined approximately 1.3% since the beginning of the year, while the S&P 500 has decreased by 4.8% [3] - The current Zacks Rank for Dollar General is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.64 on revenues of $10.29 billion, and for the current fiscal year, it is $5.90 on revenues of $42.19 billion [7] - The estimate revisions trend for Dollar General is mixed, and future changes in estimates will be closely monitored following the recent earnings report [6][7] Industry Context - The Retail - Discount Stores industry, to which Dollar General belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Comparatively, Dollar Tree, another competitor in the same industry, is expected to report a year-over-year earnings decline of 14.5% in its upcoming results [9]

Dollar General (DG) Q4 2025 Earnings Call March 13, 2025 09:00 AM ET Company Participants Kevin Walker - Vice President of Investor RelationsTodd Vasos - CEOKelly Dilts - Executive VP & CFOKate McShane - Managing DirectorSimeon Gutman - Managing Director Conference Call Participants Matthew Boss - Equity Research AnalystZhihan Ma - Senior Research AnalystRupesh Parikh - Senior Equity Research AnalystSeth Sigman - Managing Director, Senior Equity Research AnalystRobert Ohmes - Analyst Operator Good morning. ...

Financial Performance - Fourth quarter net sales increased 4.5% to $10.3 billion compared to $9.9 billion in the fourth quarter of fiscal 2023[3] - Fiscal year net sales increased 5.0% to $40.6 billion compared to $38.7 billion in fiscal 2023[10] - Fourth quarter same-store sales increased 1.2%, while fiscal year same-store sales increased 1.4%[7] - Operating profit for the fourth quarter decreased 49.2% to $294.2 million, and fiscal year operating profit decreased 29.9% to $1.7 billion[6][13] - Diluted EPS for the fourth quarter decreased 52.5% to $0.87, and fiscal year diluted EPS decreased 32.3% to $5.11[9][15] - Net income for the year ended January 31, 2025, decreased to $1,125,253, representing 2.77% of net sales, down from $1,661,274 or 4.29% in 2024[38] - Operating profit for the quarter ended January 31, 2025, was $294,206, a decline of 49.1% from $579,654 in the same quarter of 2024[40] - Selling, general and administrative expenses for the year ended January 31, 2025, increased to $10,303,423, accounting for 25.37% of net sales, compared to 23.97% in 2024[38] - The gross profit margin for the year ended January 31, 2025, was 29.59%, down from 30.29% in 2024[40] - Interest expense for the year ended January 31, 2025, was $274,320, representing 0.68% of net sales, compared to 0.84% in 2024[38] Store Operations - The company plans to close 96 Dollar General stores and 45 pOpshelf stores as part of a store portfolio optimization review[17] - The company opened 725 new stores and remodeled 1,621 stores during fiscal 2024[19] - The company opened 725 new stores in the year ended January 31, 2025, bringing the total store count to 20,594, a net increase of 608 stores[42] - Dollar General has 20,594 stores across the U.S. and Mexico, providing a wide range of essential products[31] Future Outlook - For fiscal 2025, the company expects net sales growth in the range of approximately 3.4% to 4.4% and same-store sales growth in the range of approximately 1.2% to 2.2%[24] - Capital expenditures for fiscal 2025 are projected to be in the range of $1.3 billion to $1.4 billion[24] - The long-term financial framework targets net sales growth of approximately 3.5% to 4% and same-store sales growth of approximately 2% to 3% by 2026[25] - Future outlook includes potential challenges from economic factors such as inflation and changes in consumer spending patterns[28] - The company is focused on optimizing its store portfolio and expanding its market presence through new store development and international expansion initiatives[28] Asset and Liability Management - As of January 31, 2025, Dollar General's total assets increased to $31.13 billion from $30.80 billion as of February 2, 2024, reflecting a growth of approximately 1.1%[34] - The company's cash and cash equivalents rose to $932.58 million, up from $537.28 million, indicating a significant increase of 73.5%[34] - Merchandise inventories decreased to $6.71 billion from $6.99 billion, a decline of about 4.1%[34] - Total current liabilities increased slightly to $6.87 billion from $6.73 billion, representing an increase of approximately 2.1%[34] - Retained earnings grew to $3.41 billion, up from $2.80 billion, marking an increase of around 22%[34] - The company reported a current portion of long-term obligations of $519.46 million, down from $768.65 million, a decrease of approximately 32.4%[34] - Dollar General's long-term obligations decreased to $5.72 billion from $6.23 billion, a reduction of about 8.1%[34] Sales Performance - Net sales for the quarter ended January 31, 2025, increased by 4.5% to $10,304,498 compared to $9,858,514 for the same quarter in 2024[40] - Consumables sales for the year ended January 31, 2025, increased by 6.5% to $33,370,910 compared to $31,342,595 in 2024[40] - Cash provided by operating activities for the year ended January 31, 2025, was $2,996,064, an increase from $2,391,798 in 2024[38]

Summary of the 2025-2026 Share Buy-Back Programme Core Viewpoint The company VINCI is proposing a share buy-back programme for the period of 2025-2026, aimed at enhancing shareholder value through various strategic objectives, including employee share ownership plans, share cancellation, and market liquidity management. Group 1: Programme Details - The share buy-back programme allows for the purchase of up to 10% of the company's share capital over an 18-month period from April 17, 2025, to October 16, 2026 [4][27]. - The maximum purchase price per share is set at €150, with a total maximum amount of purchases authorized at €5 billion [4][11][22]. - The programme includes the possibility of using derivatives and recognizes the cost of any derivatives in the maximum amount authorized at the time they are put in place [2][4][29]. Group 2: Objectives of the Programme - The primary objectives include sales or transfers of shares to eligible employees and company officers, cancellation of shares, and ensuring market liquidity through a liquidity agreement [3][4][6]. - Additional objectives involve fulfilling obligations related to securities giving access to the company's share capital and implementing market practices accepted under current laws [6][7][10]. Group 3: Legal Framework and Governance - The programme is structured in compliance with the French Commercial Code and will be submitted for approval at the Shareholders' General Meeting on April 17, 2025 [9][18]. - The Board of Directors is granted full powers to execute the buy-back programme, including the ability to delegate these powers [15][16][19]. - The company will ensure that it does not exceed the buy-back ceiling of 10% of the share capital during the programme's term [23][24].

Core Points - VINCI SA has conducted share buybacks from March 03 to March 07, 2025, under the authorization from the General Meeting held on April 09, 2024 [2] - A total of 368,456 shares were repurchased during this period, with a daily weighted average price of €114.8202 [2] Summary by Category Share Buyback Transactions - On March 03, 2025, VINCI purchased a total of 76,256 shares across various markets, with prices ranging from €110.613290 to €111.294468 [2] - On March 04, 2025, the company bought 75,000 shares, with prices between €111.001970 and €111.114949 [2] - On March 05, 2025, VINCI acquired 72,570 shares, with prices from €117.278505 to €117.589726 [2] - On March 06, 2025, the total shares purchased were 71,700, with prices ranging from €118.232642 to €118.410253 [2] - On March 07, 2025, VINCI bought 68,100 shares, with prices between €116.830660 and €116.993464 [2] Market Performance - The share buybacks occurred across multiple markets, including XPAR, CEUX, AQEU, and TQEX, indicating a broad market engagement [2] - The highest daily weighted average price during the buyback period was €118.410253 on March 06, 2025 [2]

Group 1 - The company has a total share capital of €1,456,035,992.50 [1] - As of February 28, 2025, the total number of shares is 582,414,397 [1] - The theoretical number of voting rights is also 582,414,397, which includes treasury stock [1] - The number of voting rights excluding treasury stock is 561,925,228 [1] Group 2 - This information is disclosed on the company's website [2] - The disclosure falls under the section for investors and financial information [2] - The document is an attachment related to the monthly information concerning voting rights and shares [3]

Dollar General (DG) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended January 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on March 13, 2025, might help the stock move higher if these key numbers are better than e ...