(CercleFinance.com) – Dollar General announced Thursday evening that Todd Vasos, current member of the board of directors, has been named chief executive officer (CEO), succeeding Jeff Owen. He thus returns, with immediate effect, to a position he had already held from June 2015 to November 2022.
The food distributor points out that during these seven years, it has created nearly 60,000 net new jobs, increased its annual sales by more than 80% and more than doubled its market capitalization to approximately $58 billion.
Separately, Dollar General updated its guidance for the current fiscal year, now expecting net sales growth in the range of 1.5 to 2.5 percent (including a decline of approximately 1 to 0% on a comparable basis) and an EPS of around $7.10 to $7.60.
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