Sales for the quarter were $2.6 billion, up 12.4% percent from the same period last year. Same-store sales rose 10.6%. Capital expenditures remain on track, with a planned opening of 25 to 30 stores and the relocation or remodel of approximately 45 stores in the fourth quarter.
Sales rose across all sectors, even apparel, said Rick Dreiling, chairman, who also was appointed CEO on Dec. 3. Nor was geography a factor in the increase.
"In my many, many years of retailing we're seeing pretty consistent growth in every region we're in. There is really no region outperforming the others," Dreiling said. "We're seeing really, really solid performance everywhere."
The company also is inching toward profitability, reporting a net loss of $7.3 million after pretax costs, compared with a net loss of $33 million in the 2007 third quarter. The formerly public company was acquired by affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR), GS Capital Partners (an affiliate of Goldman Sachs), Citi Private Equity and other co-investors in July 2007.
Dollar General, which operates 8,300 neighborhood stores in 35 states, will announce 2009 expansion plans at its fourth quarter conference call, Dreiling said.
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