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Pay vs Performance Disclosure

12 Months Ended

Feb. 03, 2023

USD ($)

Jan. 28, 2022

USD ($)

Jan. 29, 2021

USD ($)

Pay vs Performance Disclosure [Table]

Pay vs Performance [Table Text Block]

Pay Versus Performance

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain of our financial performance. For further information concerning our variable pay-for-performance philosophy and how we align executive compensation with our performance, refer to “Compensation Discussion and Analysis.”

													Value of Initial Fixed $100 Investment Based on:
Year	Summary Compensation Table Total for CEO Jeffery C. Owen ($)		Summary Compensation Table Total for CEO Todd J. Vasos ($)		Compensation Actually Paid to CEO Jeffery C. Owen(1) ($)		Compensation Actually Paid to CEO Todd J. Vasos(1) ($)		Average Summary Compensation Table Total for Non-CEO Named Executive Officers(2) ($)		Average Compensation Actually Paid to Non-CEO Named Executive Officers(1)(2) ($)		Total Shareholder Return(3) ($)		Peer Group Total Shareholder Return(4) ($)		Net Income(5) ($)		Adjusted EBIT(6) ($)
2022		12,032,684		15,621,406		15,272,360		34,630,029		3,512,266		6,376,349		152.34		125.62		2,415,989,000		3,904,995,000
2021		—		16,618,873		—		30,774,890		3,891,597		6,426,452		135.23		153.61		2,399,232,000		3,467,561,000
2020		—		16,452,823		—		51,714,395		3,991,825		8,861,693		127.80		141.39		2,655,050,000		3,630,107,000

(1)

Compensation Actually Paid includes amounts represented by the aggregate fair value of each equity award, computed in accordance with FASB ASC Topic 718. The equity award valuations used in these calculations are consistent with, and do not materially differ from, the Company’s practice of equity award valuation at grant date. The dollar amounts do not reflect the actual amounts of compensation earned by or paid to Messrs. Owen or Vasos or the actual average amount of compensation earned by or paid to our other named executive officers as a group during the applicable year. To calculate Compensation Actually Paid, the following amounts were deducted from and added to Summary Compensation Table total compensation:

CEO (Owen) Summary Compensation Table Total to Compensation Actually Paid:

	Year			Salary ($)						Stock and Option Awards ($)						Non-Equity Incentive Compensation ($)						Other Compensation(i) ($)						Summary Compensation Table Total ($)						Deductions from Summary Compensation Table Total(ii) ($)						Additions to Summary Compensation Table Total(iii) ($)						Compensation Actually Paid ($)
	2022					962,310						9,629,223						1,344,299						96,852						12,032,684						9,629,223						12,868,899						15,272,360

Former CEO (Vasos) Summary Compensation Table Total to Compensation Actually Paid:

Year	Salary ($)		Stock and Option Awards ($)		Non-Equity Incentive Compensation ($)		Other Compensation(i) ($)		Summary Compensation Table Total ($)		Deductions from Summary Compensation Table Total(ii) ($)		Additions to Summary Compensation Table Total(iii) ($)		Compensation Actually Paid ($)
2022		1,391,720		11,517,337		2,520,000		192,349		15,621,406		11,517,337		30,525,960		34,630,029
2021		1,350,052		10,418,597		4,544,529		305,695		16,618,873		10,418,597		24,574,614		30,774,890
2020		1,341,718		8,948,115		6,075,000		87,990		16,452,823		8,948,115		44,209,687		51,714,395

Average Non-CEO Named Executive Officers’ Summary Compensation Table Total to Compensation Actually Paid(iv):

Year	Salary ($)		Stock and Option Awards ($)		Non-Equity Incentive Compensation ($)		Other Compensation(i) ($)		Summary Compensation Table Total ($)		Deductions from Summary Compensation Table Total(ii) ($)		Additions to Summary Compensation Table Total(iii) ($)		Compensation Actually Paid ($)
2022		711,643		2,004,911		675,264		120,448		3,512,266		2,004,911		4,868,994		6,376,349
2021		718,426		1,740,541		1,340,080		92,551		3,891,597		1,740,541		4,275,396		6,426,452
2020		634,595		1,620,602		1,353,871		382,757		3,991,825		1,620,602		6,490,470		8,861,693

(i)

Reflects “All Other Compensation” reported in the Summary Compensation Table for each year shown.

(ii)

Represents the grant date fair value of equity-based awards granted each year. We did not report a change in pension value for any of the years reflected in this table, therefore a deduction from the Summary Compensation Table total related to pension value was not required.

(iii)

Reflects the value of equity calculated in accordance with the SEC’s methodology for determining Compensation Actually Paid for each year shown.

The following table includes supplemental data for the calculation resulting in the equity component of Mr. Owen’s Compensation Actually Paid for the period indicated:

	Year			Addition of Fair Value of Current Year Equity Awards at Fiscal Year End ($)						Addition of Change in Value of Prior Years’ Awards Unvested at Fiscal Year End ($)						Addition of Change in Value of Prior Years’ Awards That Vested in Fiscal Year ($)						Equity Value Included in Compensation Actually Paid ($)
	2022					10,142,910						1,682,984						1,043,005						12,868,899

The following table includes supplemental data for the calculation resulting in the equity component of Mr. Vasos’s Compensation Actually Paid
for the periods indicated:

Year	Addition of Fair Value of Current Year Equity Awards at Fiscal Year End ($)		Addition of Change in Value of Prior Years’ Awards Unvested at Fiscal Year End ($)		Addition of Change in Value of Prior Years’ Awards That Vested in Fiscal Year ($)		Equity Value Included in Compensation Actually Paid ($)
2022		18,548,895		7,315,148		4,661,916		30,525,960
2021		20,063,063		2,900,588		1,610,963		24,574,614
2020		24,865,308		16,856,565		2,487,814		44,209,687

The following table includes supplemental data for the calculation resulting in the equity component of the non-CEO named executive officers’
average Compensation Actually Paid for the periods indicated:

Year	Additions of Average Fair Value of Current Year Equity Awards at Fiscal Year End ($)		Additions for Average Change in Value of Prior Years’ Awards Unvested at Fiscal Year End ($)		Additions for Average Change in Value of Prior Years’ Awards That Vested in Fiscal Year ($)		Average Equity Value Included in Compensation Actually Paid ($)
2022		3,168,564		1,048,097		652,334		4,868,994
2021		3,351,740		535,079		388,578		4,275,396
2020		4,004,324		2,332,449		153,697		6,490,470

(iv)

All amounts are averaged for each component for each relative year.

(2)

Named executive officers (other than the CEO) for each fiscal year are:

2022 Other Named Executive Officers	2021 Other Named Executive Officers	2020 Other Named Executive Officers
John W. Garratt, President & Chief Financial Officer	John W. Garratt, Executive Vice President & Chief Financial Officer	John W. Garratt, Executive Vice President & Chief Financial Officer
Emily C. Taylor, Executive Vice President & Chief Merchandising Officer	Jeffery C. Owen, Chief Operating Officer	Jeffery C. Owen, Chief Operating Officer
Rhonda M. Taylor, Executive Vice President & General Counsel	Rhonda M. Taylor, Executive Vice President & General Counsel	Jason S. Reiser, former Executive Vice President & Chief Merchandising Officer
Carman R. Wenkoff, Executive Vice President & Chief Information Officer	Carman R. Wenkoff, Executive Vice President & Chief Information Officer	Rhonda M. Taylor, Executive Vice President & General Counsel
		Carman R. Wenkoff, Executive Vice President & Chief Information Officer

(3)

Cumulative total shareholder return (“TSR”) is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between our share price at the end and the beginning of the measurement period by our share price at the beginning of the measurement period.

(4)

Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: S&P 500 Retailing Index.

(5)

The dollar amounts reported represent the amount of net income reflected in our audited financial statements for the applicable year.

(6)

Adjusted EBIT is defined in “Compensation Discussion and Analysis—Short-Term Cash Incentive Plan—2022 Teamshare Structure.” While we use several financial performance measures for the purpose of evaluating performance for our compensation programs, we have determined that adjusted EBIT is the financial performance measure that, in our assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used to link compensation actually paid to our named executive officers, for the most recently completed fiscal year, to Company performance.

Company Selected Measure Name

Adjusted EBIT

Named Executive Officers, Footnote [Text Block]

(2)

Named executive officers (other than the CEO) for each fiscal year are:

2022 Other Named Executive Officers	2021 Other Named Executive Officers	2020 Other Named Executive Officers
John W. Garratt, President & Chief Financial Officer	John W. Garratt, Executive Vice President & Chief Financial Officer	John W. Garratt, Executive Vice President & Chief Financial Officer
Emily C. Taylor, Executive Vice President & Chief Merchandising Officer	Jeffery C. Owen, Chief Operating Officer	Jeffery C. Owen, Chief Operating Officer
Rhonda M. Taylor, Executive Vice President & General Counsel	Rhonda M. Taylor, Executive Vice President & General Counsel	Jason S. Reiser, former Executive Vice President & Chief Merchandising Officer
Carman R. Wenkoff, Executive Vice President & Chief Information Officer	Carman R. Wenkoff, Executive Vice President & Chief Information Officer	Rhonda M. Taylor, Executive Vice President & General Counsel
		Carman R. Wenkoff, Executive Vice President & Chief Information Officer

Peer Group Issuers, Footnote [Text Block]

(4)

Adjustment To PEO Compensation, Footnote [Text Block]

(1)

CEO (Owen) Summary Compensation Table Total to Compensation Actually Paid:

	Year			Salary ($)						Stock and Option Awards ($)						Non-Equity Incentive Compensation ($)						Other Compensation(i) ($)						Summary Compensation Table Total ($)						Deductions from Summary Compensation Table Total(ii) ($)						Additions to Summary Compensation Table Total(iii) ($)						Compensation Actually Paid ($)
	2022					962,310						9,629,223						1,344,299						96,852						12,032,684						9,629,223						12,868,899						15,272,360

Former CEO (Vasos) Summary Compensation Table Total to Compensation Actually Paid:

Year	Salary ($)		Stock and Option Awards ($)		Non-Equity Incentive Compensation ($)		Other Compensation(i) ($)		Summary Compensation Table Total ($)		Deductions from Summary Compensation Table Total(ii) ($)		Additions to Summary Compensation Table Total(iii) ($)		Compensation Actually Paid ($)
2022		1,391,720		11,517,337		2,520,000		192,349		15,621,406		11,517,337		30,525,960		34,630,029
2021		1,350,052		10,418,597		4,544,529		305,695		16,618,873		10,418,597		24,574,614		30,774,890
2020		1,341,718		8,948,115		6,075,000		87,990		16,452,823		8,948,115		44,209,687		51,714,395

Average Non-CEO Named Executive Officers’ Summary Compensation Table Total to Compensation Actually Paid(iv):

Year	Salary ($)		Stock and Option Awards ($)		Non-Equity Incentive Compensation ($)		Other Compensation(i) ($)		Summary Compensation Table Total ($)		Deductions from Summary Compensation Table Total(ii) ($)		Additions to Summary Compensation Table Total(iii) ($)		Compensation Actually Paid ($)
2022		711,643		2,004,911		675,264		120,448		3,512,266		2,004,911		4,868,994		6,376,349
2021		718,426		1,740,541		1,340,080		92,551		3,891,597		1,740,541		4,275,396		6,426,452
2020		634,595		1,620,602		1,353,871		382,757		3,991,825		1,620,602		6,490,470		8,861,693

(i)

Reflects “All Other Compensation” reported in the Summary Compensation Table for each year shown.

(ii)

(iii)

Reflects the value of equity calculated in accordance with the SEC’s methodology for determining Compensation Actually Paid for each year shown.

The following table includes supplemental data for the calculation resulting in the equity component of Mr. Owen’s Compensation Actually Paid for the period indicated:

	Year			Addition of Fair Value of Current Year Equity Awards at Fiscal Year End ($)						Addition of Change in Value of Prior Years’ Awards Unvested at Fiscal Year End ($)						Addition of Change in Value of Prior Years’ Awards That Vested in Fiscal Year ($)						Equity Value Included in Compensation Actually Paid ($)
	2022					10,142,910						1,682,984						1,043,005						12,868,899

The following table includes supplemental data for the calculation resulting in the equity component of Mr. Vasos’s Compensation Actually Paid
for the periods indicated:

Year	Addition of Fair Value of Current Year Equity Awards at Fiscal Year End ($)		Addition of Change in Value of Prior Years’ Awards Unvested at Fiscal Year End ($)		Addition of Change in Value of Prior Years’ Awards That Vested in Fiscal Year ($)		Equity Value Included in Compensation Actually Paid ($)
2022		18,548,895		7,315,148		4,661,916		30,525,960
2021		20,063,063		2,900,588		1,610,963		24,574,614
2020		24,865,308		16,856,565		2,487,814		44,209,687

Year	Additions of Average Fair Value of Current Year Equity Awards at Fiscal Year End ($)		Additions for Average Change in Value of Prior Years’ Awards Unvested at Fiscal Year End ($)		Additions for Average Change in Value of Prior Years’ Awards That Vested in Fiscal Year ($)		Average Equity Value Included in Compensation Actually Paid ($)
2022		3,168,564		1,048,097		652,334		4,868,994
2021		3,351,740		535,079		388,578		4,275,396
2020		4,004,324		2,332,449		153,697		6,490,470

(iv)

All amounts are averaged for each component for each relative year.

Non-PEO NEO Average Total Compensation Amount

$ 3,512,266

$ 3,891,597

$ 3,991,825

Non-PEO NEO Average Compensation Actually Paid Amount

$ 6,376,349

6,426,452

8,861,693

Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

(1)

CEO (Owen) Summary Compensation Table Total to Compensation Actually Paid:

	Year			Salary ($)						Stock and Option Awards ($)						Non-Equity Incentive Compensation ($)						Other Compensation(i) ($)						Summary Compensation Table Total ($)						Deductions from Summary Compensation Table Total(ii) ($)						Additions to Summary Compensation Table Total(iii) ($)						Compensation Actually Paid ($)
	2022					962,310						9,629,223						1,344,299						96,852						12,032,684						9,629,223						12,868,899						15,272,360

Former CEO (Vasos) Summary Compensation Table Total to Compensation Actually Paid:

Year	Salary ($)		Stock and Option Awards ($)		Non-Equity Incentive Compensation ($)		Other Compensation(i) ($)		Summary Compensation Table Total ($)		Deductions from Summary Compensation Table Total(ii) ($)		Additions to Summary Compensation Table Total(iii) ($)		Compensation Actually Paid ($)
2022		1,391,720		11,517,337		2,520,000		192,349		15,621,406		11,517,337		30,525,960		34,630,029
2021		1,350,052		10,418,597		4,544,529		305,695		16,618,873		10,418,597		24,574,614		30,774,890
2020		1,341,718		8,948,115		6,075,000		87,990		16,452,823		8,948,115		44,209,687		51,714,395

Average Non-CEO Named Executive Officers’ Summary Compensation Table Total to Compensation Actually Paid(iv):

Year	Salary ($)		Stock and Option Awards ($)		Non-Equity Incentive Compensation ($)		Other Compensation(i) ($)		Summary Compensation Table Total ($)		Deductions from Summary Compensation Table Total(ii) ($)		Additions to Summary Compensation Table Total(iii) ($)		Compensation Actually Paid ($)
2022		711,643		2,004,911		675,264		120,448		3,512,266		2,004,911		4,868,994		6,376,349
2021		718,426		1,740,541		1,340,080		92,551		3,891,597		1,740,541		4,275,396		6,426,452
2020		634,595		1,620,602		1,353,871		382,757		3,991,825		1,620,602		6,490,470		8,861,693

(i)

Reflects “All Other Compensation” reported in the Summary Compensation Table for each year shown.

(ii)

(iii)

Reflects the value of equity calculated in accordance with the SEC’s methodology for determining Compensation Actually Paid for each year shown.

The following table includes supplemental data for the calculation resulting in the equity component of Mr. Owen’s Compensation Actually Paid for the period indicated:

	Year			Addition of Fair Value of Current Year Equity Awards at Fiscal Year End ($)						Addition of Change in Value of Prior Years’ Awards Unvested at Fiscal Year End ($)						Addition of Change in Value of Prior Years’ Awards That Vested in Fiscal Year ($)						Equity Value Included in Compensation Actually Paid ($)
	2022					10,142,910						1,682,984						1,043,005						12,868,899

The following table includes supplemental data for the calculation resulting in the equity component of Mr. Vasos’s Compensation Actually Paid
for the periods indicated:

Year	Addition of Fair Value of Current Year Equity Awards at Fiscal Year End ($)		Addition of Change in Value of Prior Years’ Awards Unvested at Fiscal Year End ($)		Addition of Change in Value of Prior Years’ Awards That Vested in Fiscal Year ($)		Equity Value Included in Compensation Actually Paid ($)
2022		18,548,895		7,315,148		4,661,916		30,525,960
2021		20,063,063		2,900,588		1,610,963		24,574,614
2020		24,865,308		16,856,565		2,487,814		44,209,687

Year	Additions of Average Fair Value of Current Year Equity Awards at Fiscal Year End ($)		Additions for Average Change in Value of Prior Years’ Awards Unvested at Fiscal Year End ($)		Additions for Average Change in Value of Prior Years’ Awards That Vested in Fiscal Year ($)		Average Equity Value Included in Compensation Actually Paid ($)
2022		3,168,564		1,048,097		652,334		4,868,994
2021		3,351,740		535,079		388,578		4,275,396
2020		4,004,324		2,332,449		153,697		6,490,470

(iv)

All amounts are averaged for each component for each relative year.

Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Compensation Actually Paid vs. Net Income [Text Block]

Total Shareholder Return Vs Peer Group [Text Block]

[MISSING IMAGE: lc_dollargeneral-pn.jpg]

Tabular List [Table Text Block]

Financial Performance Measures

As described in greater detail in “Compensation Discussion and Analysis,” our executive compensation program reflects a variable pay for performance philosophy. The financial metrics that the Compensation Committee selects for both our short-term cash incentive plan and our long-term equity incentive program are selected in order to fulfill our pay for performance philosophy and to align the interests of our named executive officers and our shareholders. Our most important financial performance measures for linking executive compensation actually paid to our named executive officers, for the most recently completed fiscal year, to our performance are as follows:

•

Adjusted EBIT

•

Adjusted EBITDA

•

Adjusted ROIC

Adjusted EBIT, adjusted EBITDA and adjusted ROIC are defined in “Compensation Discussion and Analysis—Short-Term Cash Incentive Plan—2022 Teamshare Structure,” “Compensation Discussion and Analysis—Long-Term Equity Incentive Program—2022 Annual Equity Award Structure,” and “Compensation Discussion and Analysis—Long-Term Equity Incentive Program—2020 PSU Awards—Completed 2020-2022 Performance Period,” respectively.

Total Shareholder Return Amount

$ 152.34

135.23

127.8

Peer Group Total Shareholder Return Amount

125.62

153.61

141.39

Net Income (Loss)

$ 2,415,989,000

$ 2,399,232,000

$ 2,655,050,000