达乐 2025年季度报告

Part IFinancial Information Report of Independent Registered Public Accounting Firm18Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Item 3. Quantitative and Qualitative Disclosures About Market RiskItem 4. Controls and Procedures Item 1. Legal Proceedings “Management’s Discussion and Analysis of Financial Condition and Results of Operations” includedin Part I, Item 2, and “Note 7. Commitments and Contingencies” included in Part I, Item 1, among others. You can identify these statements because they are not limited to historical fact or they usewords such as “accelerate,” “aim,” “assume,” “anticipate,” “believe,” “can,” “committed,”“continue,” “could,” “drive,” “estimate,” “expect,” “focused on,” “forecast,” “future,” “goal,”“intend,” “likely,” “long-term,” “may,” “objective,” “ongoing,” “opportunity,” “outlook,” “overtime,” “plan,” “position,” “potential,” “predict,” “project,” “prospect,” “scheduled,” “seek,” “should,”“strive,” “subject to,” “uncertain,” “will” or “would”and similar expressions that concern ourstrategies, plans, initiatives, intentions, outlook or beliefs about future occurrences or results. Forexample, all statements relating to, among others, the following are forward-looking statements:●our projections and expectations regarding expenditures, costs, cash flows, results ofoperations, financial condition and liquidity;●our expectations regarding economic and competitive market conditions;●our plans, objectives, and expectations regarding future operations, growth, investmentsand initiatives,including but not limited to our real estate, store growth andinternational expansion plans, store remodels, store formats or concepts, shrink anddamages reduction actions, inventory reduction efforts, and anticipated progress andimpact of our strategic initiatives (including but not limited to our digital initiatives, DGMedia Network, and pOpshelf) and our merchandising, margin enhancing,distribution/transportation efficiency (including but not limited to self-distribution),store manager turnover reduction and other initiatives;●expectations regarding sales and mix of consumable and non-consumable products, (including the possibility of increased federal, and further increased state and/or localminimum wage rates/salary levels) and other labor issues, including employeeexpectations and productivity and employee safety issues; enforce non-compete agreements that we have in place with management personnel orenter into new non-compete agreements; any duty, to update or revise any forward-looking statement as a result of new information, futureevents or circumstances, or otherwise, except as otherwise required by law. You should also be aware that while we do, from time to time, communicate with securitiesanalysts and others, it is against our policy to disclose to them any material, nonpublic information orother confidential commercial information. Accordingly, shareholders should not assume that we DOLLAR GENERAL CORPORATION AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS(In thousands) 20252025ASSETSCurrent assets:Cash and cash equivalents$850,018$932,576Merchandise inventories6,590,096,711,24 Unrealized net gain (loss) on hedged transactions and currency translation, 13 Weeks Ended May 2, 202513 Weeks Ended May 3, 2024WeightedWeightedPerShaPerSha 4.LeasesAs of May 2, 2025, the Company’s primary leasing activities were real estate leases for mostof its retail store locations and certain of its distribution facilities. Substantially all of the Company’s 13 Company’s ability to: incur additional liens; sell all or substantially all of the Company’s assets;consummate certain fundamental changes or changes in the Company’s lines of business; and incuradditional subsidiary indebtedness. The credit agreement governing the Revolving Facility also inActiveMarketsSignificantforIdenticalOtherSignificantTotal FairAssetsandObservableUnobservableValueatLiabilitiesInputsInputsMay 2,(Inthousands)(Level1)(Level2)(Level3)2025Liabilities:$5,375,03—$5,551,25 liabilities of$4,770and noncurrent other liabilities of$42,418.7.Commitments and contingencies its business, including actions by employees, consumers, suppliers, government agencies, or others. The Company has recorded accruals with respect to these matters, where appropriate, which arereflected in the Company’s consolidated financial statements. For some matters, a liability is notprobable or the amount cannot be reasonably estimated and therefore an accrual has not been made.On November 27, 2023, and November 30, 2023, respectively, the following putativeshareholder class action lawsuits were filed in the United States District Court for the Middle District to August 30, 2023) (“Washtenaw County”);Robert J. Edmonds v. Dollar General Corporation, etal.(Case No. 3:23-cv-01259) (putative class period of February 23, 2023 to August 31, 2023) (“Edmonds”) (collectively, the“Shareholder Securities Litigation”). The pla