Dollar General Corporation

Thank you and good morning everyone. On the call with me today are Todd Bezos, our CEO, Jeff Owen, our COO, and John Garrett, our CFO. Our earnings release issue today can be found on our website at investor.dollargeneral.com under news and events. Let me caution you that today's comments include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, such as statements about our financial guidance, strategy, initiatives, plans, goals, priorities, opportunities, investments, expectations or beliefs about future matters, and other statements that are not limited to historical fact. These statements are subject to risk and uncertainties that could cause actual results to differ materially from our expectations and projections. These factors include, but are not limited to, those identified in our earnings release issued this morning under risk factors in our 2021 Form 10-K filed on March 18, 2022, and any later filed periodic report.

Are you tired of not being able to read the market accurately? Missing out on losing trades and experiencing inconsistent results? In this video, I'm gonna be breaking down the most crucial concept that most traders overlook when it comes to creating consistency and lucrative income from their trades. Hi, I'm Corbs, and I help traders create consistency inside their trading routines so they can experience more winning days by minimizing their losses and maximizing their profits. And right now, I want to shift the way that you look at your trading forever by sharing with you a tool that has helped me. It's helped the clients at Trade Act reach full potential. We're going to jump into a screen right now, and I'm going to show you. Okay, looking at the charts, we have just a specific day that we're looking at. Now, this is a day from this week. This is a day that happened yesterday. I don't have to go back in time and try to cherry pick out perfect examples. These things happen repeatedly day after day. Now, what we have going on is a session that opened and we started dropping down. We had a very deep pullback, a period of consolidation, and then we continued lower. Right in here, we turned around, putting in a new high of day and going coast to coast. So the question is, and a good thing to get right, is, is there a way to know that the market was turning around right here and not here or not here? What I'm going to do now is put on my volume profile tool so we can start to see what's going on behind these candles. I'm going to unhide the volume profile and now we have the volume profile on the charts. Now, if this is the first time you're seeing a volume profile, I don't want you to get caught up in the minutia of this or to get too bogged down with the details. The only thing I'm doing here is giving you a very simple example and the particulars of everything that we're seeing. Just don't worry about that for now. I'll be explaining all of that later and all of that will be to come. But just know this, what you're seeing here with this volume profile is it's showing us at every single price how much buying and how much selling occurred. Or another way to think about it is it's showing us what prices are popular and what prices are very unpopular. Now, knowing that we have a volume profile here, let's see what this is showing us. This market is dropping down, and as it's dropping down, we're trading a lot of volume, a lot of transactions are happening. But as we put in this last low, the volume dries up. It is completely anemic. You can see from the rest of this profile, this is a very different look than everything else. The reason being is there is no volume down here. Now, what this is telling us is that these lower prices are not being accepted. The market is not interested. The market does not like these prices. And if we're not interested in lower prices, the next most likely thing for us to do is to auction higher. Now, is this actionable information and can we do something with this? I want to show you, and by turning on my order fills, this is going to show you the trades that I've placed because this isn't just random theory. This is actionable information that I trade on day in and day out. What we have going on is identifying that we were not liking these lower prices. The market came up slightly. We started putting in a little consolidation, and then we broke out to the upside, waiting for this breakout to happen, waiting for some volume to support it, entering in on a long, taking this off as we entered the value area, and then scaling out in front of VWAP. Now, don't get bogged down again with the details of what we're talking about here. But what's important and what I want to show you is the trade activity log here. And what you can see is this was the first trade that I took of the day. This long that was placed right here. Now, the second trade that I took was right here. This long brought in $925 of the just over $2,000 that happened this day. $925 of it happened on this trade right here. An actionable trade that was taken on information based on the volume profile. letting the market show me its hand, showing me what it's doing, being able to take that information, put together a high quality trade idea that has an edge and that I can trade with confidence. Now we've obviously just scratched the surface here, but if you want to dive deeper and learn more about this model and how you can implement this in your trading so that you can start consistently placing profitable trades with real confidence, I want to invite you to click the link below this video. You'll get taken to a page where you can get all the information you need about the volume profile formula. And remember, if you want to be in more control of your winning and your losing trades, if you want to have that laser-like dialed in focus decision making so that you can know with confidence you are on the right path to success, This is the first step. So just click the link below this page and go on to the next step. Now listen, it's no secret that in trading this can be very overwhelming and frustrating and scary. And most traders are just rushing in blind. They don't understand the market. They're trying to just pinpoint these perfect entries, but they're never going to get the results they really want. You can skip all of this and you can put yourself on the fast track to rapid and consistent winning trades. So I want to invite you once again to click the link below this video and check out the volume profile formula. I'll be very excited to share with you this model and these systems that have helped traders just like me and just like you begin to produce consistent winning days.

I had always kind of thought about going into teaching, but to actually teach in a classroom you need certain certifications. There is definitely a lot to learn for someone who already has a bachelor's degree to go ahead and get a master's degree, but it's also certifying you for the classroom. WGU has done a great job of teaching you exactly how to prepare for those situations.