Low-income consumers feeling a pinch in the economy are leading to lower-than-expected sales for Dollar General, as the budget-friendly retailer slashed its sales and profit outlook for the year.
Dollar General reported second-quarter earnings below analysts' estimates and lowered its projections for the full year. CEO Todd Vasos said Dollar General is seeing a "core customer who feels ...
Dollar stores are contending with slowing sales and weaker earnings. Dollar General and Dollar Tree the nation’s largest dollar-store chains, are together on track to open more than 1,300 new ...
Dollar General's stock plunged nearly 30% after it reported worse-than-expected quarterly results. It's a sign of how dire things have become for low-income shoppers. It also challenges a widely ...
Shares of Dollar General (NYSE: DG) plummeted 30% Thursday after the discount retailer announced lower than expected earnings and cut its sales outlook for the full year, saying its customers were ...
Dollar General DG3.29%increase; green up pointing triangle shares dropped 32% after the country’s largest dollar-store operator slashed its outlook for the year in a bleak sign for its ...
The discount store Dollar General is struggling, with the retailer announcing on Thursday, August 29, that it has missed its second-quarter earnings and is cutting its outlook for 2024.
Dollar General (DG) stock is headed toward its worst day ever, down nearly 30% at last check in Thursday's session. The selloff comes after the dollar-store chain missed top- and bottom-line ...
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