What Dollar General Corporation told the SEC could break it.

In 2025 the U.S. imposed additional tariffs across many of Dollar General's trading partners (China, EU, Canada, India, SE Asia); tariffs/duties on imported goods it sells or uses could raise merchandise costs if not offset.

“In 2025, the U.S. administration imposed additional tariffs across many of our global trading partners, including China, the European Union, Canada, India, and various countries located in Southeast Asia. These and other factors affecting our suppliers and our access to products, if we are not able to offset them, could adversely affect our business and financial performance.”

Dollar General's two largest (unnamed) suppliers accounted for ~11% and ~8% of 2025 purchases; loss of a source or worse pricing terms could raise merchandise costs, lengthen lead times and reduce selection.

“In 2025, our two largest suppliers accounted for approximately 11% and 8% respectively, of our purchases. If one or more of our current sources of supply became unavailable or no longer offered us acceptable pricing terms, we believe we generally would be able to obtain alternative sources, but it could increase our merchandise costs and supply chain lead time and expenses, result in a temporary reduction in store inventory levels, and reduce the selection and quality of our merchandise.”

Operations rely on natural gas, diesel fuel, gasoline, electricity and plastics; price volatility and climate-related regulation of these inputs could raise operating, merchandise and supply-chain costs.

“We also use natural gas, diesel fuel, gasoline, electricity and plastics in our operations, all of which may face increased regulation relating to climate change or other environmental concerns. Regulations limiting greenhouse gas emissions, energy inputs and plastics use may also increase in coming years, which may increase our costs associated with compliance, merchandise purchases and supply chain.”