Dollar General (DG -0.43%) is the largest dollar store operator by annual sales and total store count.
The company also has the longest history of its competitors. Dollar General opened its first store in 1955 after founder Cal Turner was inspired by department store "dollar days" promotions. Thirteen years later, Dollar General went public on the New York Stock Exchange for $16.50 per share. Today, the company operates more than 20,000 stores around the U.S.
Financial performance
Dollar General has a long track record of revenue growth. In 2015, the company produced sales of about $18 billion. By fiscal year 2024, net sales had risen to $40.6 billion. The growth has come primarily from its expanding store footprint. During the same time, the chain added roughly 8,000 stores.
More recent periods have been challenging, involving budget-constrained customers who are feeling the impact of inflation, inventory management issues, and weather events that have increased selling, general, and administrative (SG&A) expenses.
Stock price performance
It's been a slow but steady recovery for Dollar General share prices. Between early 2023 and early 2025, the stock price plunged from more than $250 to about $75. In early 2026, however, prices had rebounded to around $150.