UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 29, 2024
| DOLLAR GENERAL CORPORATION |
| (Exact name of registrant as specified in its charter) |
| Tennessee | | 001-11421 | | 61-0502302 |
(State or other jurisdiction
of incorporation) | | (Commission File Number) | | (I.R.S. Employer
Identification No.) |
100 MISSION RIDGE GOODLETTSVILLE, TN | | 37072 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (615) 855-4000
| |
| (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on
which registered |
| Common Stock, par value $0.875 per share | DG | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| ITEM 2.02 | RESULTS OF OPERATIONS AND FINANCIAL CONDITION. |
On May 30, 2024, Dollar General Corporation (the “Company”) issued a news release regarding results of operations and financial condition for the fiscal 2024 first quarter (13 weeks) ended May 3, 2024. The news release is furnished as Exhibit 99 hereto and is incorporated herein by reference.
The information contained within this Item 2.02, including the information in Exhibit 99, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended.
| ITEM 5.07 | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. |
The Annual Meeting of the Company’s Shareholders was held on May 29, 2024. The following are the final voting results on proposals considered and voted upon by the Company’s shareholders, each of which is described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 5, 2024 (the “Proxy Statement”).
The following individuals were elected to serve as directors of the Company, each of whom will hold office until the Annual Meeting of the Company’s Shareholders to be held in 2025 and until his or her successor is duly elected and qualified. The tabulation of votes on this matter was as follows:
Name | | Votes
For | | Votes
Against | | Votes
Abstaining | | Broker
Non-Votes |
| Warren F. Bryant | | 182,040,885 | | 6,192,651 | | 219,419 | | 11,904,287 |
| Michael M. Calbert | | 182,551,224 | | 5,681,672 | | 220,059 | | 11,904,287 |
| Ana M. Chadwick | | 186,372,560 | | 1,863,082 | | 217,313 | | 11,904,287 |
| Patricia D. Fili-Krushel | | 177,272,019 | | 10,961,690 | | 219,246 | | 11,904,287 |
| Timothy I. McGuire | | 185,182,426 | | 3,048,294 | | 222,235 | | 11,904,287 |
| David P. Rowland | | 187,428,878 | | 800,338 | | 223,739 | | 11,904,287 |
| Debra A. Sandler | | 181,352,467 | | 6,883,231 | | 217,257 | | 11,904,287 |
| Ralph E. Santana | | 185,802,535 | | 2,426,421 | | 223,999 | | 11,904,287 |
| Todd J. Vasos | | 186,251,466 | | 1,990,856 | | 210,633 | | 11,904,287 |
The resolution regarding the compensation of the Company’s named executive officers as disclosed in the Proxy Statement was approved on an advisory (non-binding) basis. The tabulation of votes on this matter was as follows:
Votes
For | | Votes
Against | | Votes
Abstaining | | Broker
Non-Votes |
| 136,996,868 | | 51,170,031 | | 286,056 | | 11,904,287 |
The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2024 was ratified. The tabulation of votes on this matter was as follows:
Votes
For | | Votes
Against | | Votes
Abstaining | | Broker
Non-Votes |
| 188,880,291 | | 11,235,498 | | 241,453 | | 0 |
A shareholder proposal to improve clawback policy for unearned executive pay was not approved. The tabulation of votes on this matter was as follows:
Votes
For | | Votes
Against | | Votes
Abstaining | | Broker
Non-Votes |
| 10,291,081 | | 177,141,701 | | 1,020,173 | | 11,904,287 |
| ITEM 7.01 | REGULATION FD DISCLOSURE. |
The information set forth in Item 2.02 above is incorporated herein by reference. The news release also:
| · | sets forth statements regarding, among other things, the Company’s outlook, as well as the Company’s planned conference call to discuss the reported financial results, the Company’s outlook, and certain other matters; and |
| · | announces that on May 28, 2024, the Company’s Board of Directors declared a quarterly cash dividend of $0.59 per share on the Company’s outstanding common stock payable on or before July 23, 2024 to shareholders of record on July 9, 2024. |
The information contained within this Item 7.01, including the information in Exhibit 99, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended.
| ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS. |
| (a) | Financial statements of businesses acquired. N/A |
| (b) | Pro forma financial information. N/A |
| (c) | Shell company transactions. N/A |
| (d) | Exhibits. See Exhibit Index to this report. |
EXHIBIT INDEX
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: May 30, 2024 | DOLLAR GENERAL CORPORATION |
| | | |
| | By: | /s/ Rhonda M. Taylor |
| | | Rhonda M. Taylor |
| | | Executive Vice President and General Counsel |
