Dollar General reports total merchandise inventories, at cost, $6.8B as of Feb 3

As of February 3, total merchandise inventories, at cost, were $6.8B compared to $5.6B as of January 28, 2022, an increase of 14.3% on a per-store basis. This increase primarily reflects the impact of product cost inflation and a greater mix of higher-value products, particularly in the Home and Seasonal categories, primarily due to the continued rollout of the company’s non-consumables initiative, as well as the earlier receipt of seasonal goods.