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 ...
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.
Shares of Dollar General Corp. were plunging toward their worst day ever in early Thursday trading, after the discount retailer reported fiscal second-quarter profit and sales that missed ...
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 ...
Dollar General (DG) stock tumbled 32% on Thursday after the discount retailer cut its outlook, pointing to a financially pressured customer. Thursday's drop in Dollar General was its biggest on ...
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 ...