Comparing the financial performance of Dollar General with the dollar exchange rate of the family, it has been doing well since its foundation in 1955. In 10 years since its founding, Dollar General grew to 255 stores, with annual turnover of about $ 26 million. Annual turnover in 2002 was 6,300 in 27 states and was $ 6.1 billion. Due to strategic changes and large acquisitions, Dollar General has maintained good financial performance for many years.
After summarizing the figures and charts shown, Dollar General (DG) is superior to the dollar tree (DLTR) in three of the five categories used to measure the financial situation of the two companies It was. Finally, Dollar General (DG) appears to be more conservative than Doll Tree (DLTR). References: The data collected in this article can be found in dollar trees and dollars in the annual 10-k format in 2011, 2012, 2013, 2017, 2015, 2017, and 2017 I will. . For reference only: Annual 10-k paper is available directly from the company's website or SEC's website.
Financial performance: - UPS has maintained a good financial record over the past few years. That revenue increased from $ 5.5 billion in 2013 to more than $ 65 billion in 2017. Net income increased from $ 4.3 billion in 2013 to $ 4.9 billion in 2017. Total assets for the same period increased from $ 35 billion to $ 45 billion. Focus on technology and innovation: - UPS also focuses on technology and innovation to realize growth and better customer service. Information technology, aircraft, automobiles, factory facilities, etc. We invest heavily in technology every year. It relies on machine learning, block chains, robotics engineering, and many other state-of-the-art technologies to maintain its network more efficiently and efficiently than other networks.
Exhibit 2 shows an overview of the major competitors in the US market, "Doll General", "Dollree", and "Family Doll". The total number of US stores is 19,500, of which Dollar Tree has 22% market share or 4,300 coasts. As mentioned above, the dollar tree has increased their footprints in Canada due to the opportunity to expand dollar stores in US stores that may have reached saturation. According to Dollarama's investor report based on the third quarter report, there are now 29 million people per dollar store, but in the US there are 14,000 stores per dollar. Therefore, Canada has more opportunities to narrow this gap with more dollar stores. That is why I saw an American giant like the dollar tree enter the stage. It is important to check the speed to reach the saturation point and the type of future growth. Again, it is important to understand demographics and expand to appropriate areas.