达乐 2025年度报告

FORM 10-K (Mark One) DOLLAR GENERAL CORPORATION (Exact name of registrant as specified in its charter) TENNESSEE61-0502302(State or other jurisdiction of(I.R.S. Employerincorporation or organization)Identification No.) 100 MISSION RIDGEGOODLETTSVILLE, TN 37072(Address of principal executive offices, zip code)Registrant’s telephone number, including area code:(615) 855-4000 Securities registered pursuant to Section12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock, par value $0.875 per shareDGNew York Stock Exchange Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) ofthe Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was requiredto file such reports), and (2)has been subject to such filing requirements for the past 90days.Yes☒No☐Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”“smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Largeacceleratedfiler☒Acceleratedfiler☐Non-acceleratedfiler☐Smallerreportingcompany☐Emerginggrowthcompany☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the ExchangeAct.☐Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act by the registeredpublic accounting firm that prepared or issued its audit report.☒If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐ The aggregate market value of the registrant’s common stock outstanding and held by non-affiliates as of August 1,2025 was $21.1billion calculated using the closing market price of the registrant’s common stock as reported on the NYSE onsuch date ($108.53). For this purpose, directors, executive officers and greater than 10% record shareholders are considered theaffiliates of the registrant.The registrant had 220,226,320 shares of common stock outstanding as of March18, 2026. DOCUMENTS INCORPORATED BY REFERENCE Certain of the information required in PartIII of this Form10-K is incorporated by reference to the registrant’sdefinitive proxy statement to be filed for the Annual Meeting of Shareholders to be held on May28, 2026. TABLE OF CONTENTS INTRODUCTIONPART I ITEM 1. BUSINESS5ITEM 1A. RISK FACTORS11ITEM 1B. UNRESOLVED STAFF COMMENTS22ITEM 1C. CYBERSECURITY23ITEM 2. PROPERTIES24ITEM 3. LEGAL PROCEEDINGS25ITEM 4. MINE SAFETY DISCLOSURES25INFORMATION ABOUT OUR EXECUTIVE OFFICERS25PART IIITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATEDSTOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITYSECURITIES27ITEM 6. [RESERVED]27ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIALCONDITION AND RESULTS OF OPERATIONS28ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUTMARKET RISK40ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA42Report of Ernst & Young, LLP, Independent Registered Public Accounting Firm(PCAOB ID:42)42Consolidated Balance Sheets44Consolidated Statements of Income45Consolidated Statements of Comprehensive Income46Consolidated Statements of Shareholders' Equity47Consolidated Statements of Cash Flows48Notes to Consolidated Financial Statements49ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ONACCOUNTING AND FINANCIAL DISCLOSURE69ITEM 9A. CONTROLS AND PROCEDURES69Report of Independent Registered Public Accounting Firm70ITEM 9B. OTHER INFORMATION71ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THATPREVENT INSPECTIONS71PART IIIITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATEGOVERNANCE72ITEM 11. EXECUTIVE COMPENSATION72ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS ANDMANAGEMENT AND RELATED STOCKHOLDER MATTERS73ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, ANDDIRECTOR INDEPENDENCE73ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES73PART IVITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES74ITEM 16. FORM 10-K SUMMARY82SIGNATURES83 INTRODUCTION General This report contains references to years 2026, 2025, 2024, and 2023, which represent fiscalyears ending or ended January 29, 2027, January 30, 2026, January 31, 2025 and February 2, 2024,respectively. Our fiscal year ends on the Friday closest