Dollar General Recognizes Kelly Dilts with Elevation to EVP and CFO

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Dollar General ($NYSE:DG) has recently announced the promotion of Kelly Dilts to Executive Vice President and Chief Financial Officer. This move is a recognition of Dilts’ valuable contributions and outstanding service in the past five years with the company. Dollar General is an American chain of discount variety stores that offers everyday low prices on basic items and is headquartered in Goodlettsville, Tennessee. As the new Executive Vice President and Chief Financial Officer, Kelly Dilts will be responsible for managing Dollar General’s financial operations, including accounting and financial reporting, treasury, tax, investor relations, and internal audit. Prior to joining Dollar General, she held finance roles at Hess Corporation, ABB Group and Encompass Group LLC. Dollar General’s Board of Directors and executives have expressed their enthusiasm for Dilts’ promotion.

The Board Chairman, Cal Turner Jr., stated that “Kelly has been a tremendous asset to Dollar General over the years and we’re excited to have her continue to play a leading role in our organization’s growth”. CEO Todd Vasos echoed Turner’s sentiment, noting that “By taking on this new role, Kelly will be able to make an even bigger impact on the success of our company”. The elevation of Kelly Dilts to Executive Vice President and Chief Financial Officer is a testament to her exemplary service in the past five years. Dollar General is sure to benefit from her invaluable contributions as she moves into her new role.

Price History

On Thursday, DOLLAR GENERAL recognized Kelly Dilts for her hard work and dedication by promoting her to the position of Executive Vice President and Chief Financial Officer. The stock opened at $217.3 and closed at $217.9, which was up by 0.6% from the previous closing price of $216.5. She brings over two decades of experience in a variety of finance roles, including an extensive background in financial reporting, accounting, and analysis. With this new appointment, Kelly Dilts will be responsible for overseeing DOLLAR GENERAL’s finance functions, which include accounting, financial planning & analysis, treasury, tax, investor relations and internal audit.

She will report directly to CEO Todd Vasos and will be part of the company’s senior leadership team. DOLLAR GENERAL is confident in Kelly Dilts’ ability to continue leading the financial management of the organization. With her promotion to EVP and CFO, the company is well-positioned to achieve significant growth and success in the future. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Dollar General. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Dollar General. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Dollar General. More…

Key Ratios Snapshot

Some of the financial key ratios for Dollar General are shown below. More…

Analysis

GoodWhale has conducted an analysis of DOLLAR GENERAL‘s fundamentals and classified them as ‘gorilla’ using the Star Chart. This type of company typically has a strong competitive advantage that allows it to achieve stable and high revenue or earnings growth. Investors who are interested in such companies are those who are looking for a value play, as DOLLAR GENERAL has strong assets, dividends, growth, and profitability. Additionally, DOLLAR GENERAL has a high health score of 8/10, which indicates that its cashflows and debt are well managed, making them capable of paying off debt and funding future operations. More…

Peers

Dollar General Corp and its competitors, Dollar Tree Inc, Walmart Inc, Target Corp, are all vying for a share of the retail market. Dollar General has been able to stay ahead of the competition by offering a variety of products at a lower price point.

However, the other companies are not far behind and are constantly innovating to try and win over customers. It is an ongoing battle to see who can provide the best value to shoppers.

– Dollar Tree Inc ($NASDAQ:DLTR)

Dollar Tree is a company that operates at a low margin, high volume business model. The company offers a wide variety of merchandise at a low price point of $1.00. The company has a market cap of $35.49B as of 2022 and a ROE of 15.97%. The company has been able to grow its earnings at a double-digit rate over the past few years.

– Walmart Inc ($NYSE:WMT)

Walmart Inc is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. As of January 31, 2020, Walmart has 11,484 stores and clubs in 27 countries, operating under 55 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India. It has wholly owned operations in Argentina, Chile, Canada, and South Africa. Since August 2018, Walmart only holds a minority stake in Walmart Brasil, with 20% of the company’s shares, and private equity firm Advent International holding 80% ownership of the company.

– Target Corp ($NYSE:TGT)

Target Corp is a large retail company with a market cap of 75.6B as of 2022. The company has a return on equity of 34.09%. Target Corp is a retailer that sells a variety of products including clothing, electronics, and home goods. The company has over 1,800 stores in the United States and also has an online store. Target is a publicly traded company and its ticker symbol is TGT.

Summary

Dollar General Corporation has recently announced the promotion of Kelly Dilts to its Executive Vice President and Chief Financial Officer. Investors are encouraged to look into the company’s financial statements and recent performance to evaluate the potential impact of Dilts’ new role. Analysts have forecasted that the stock will likely rise in the near future as Dollar General continues to expand its operations domestically.