GM(GM) CNBC·2025-03-13 13:43Core Insights - Dollar General's CEO Todd Vasos indicated that inflation continues to negatively impact customers, and the macroeconomic environment is not expected to improve in 2025 [1][2] - Customers are increasingly seeking value and convenience from Dollar General, with many reporting that their financial situations have worsened over the past year [1][2] - The company is closely monitoring potential economic headwinds, including government entitlement program changes and the impact of tariffs [4] Financial Performance - Dollar General reported a same-store sales growth of 1.2% for the quarter, driven entirely by a 2.3% increase in average transaction value, while customer traffic decreased by 1.1% due to ongoing financial pressures [6] - The company announced plans to close 96 Dollar General stores and 45 Popshelf stores, while converting six Popshelf stores into flagship locations [5] Customer Insights - The core consumer of Dollar General is described as "always strained" economically but resourceful, adapting to ongoing inflation [2] - Customers are becoming more budget-conscious as they navigate the effects of persistent inflation [3]