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People are spending more at Dollar General. In part, that's thanks to shoppers trading down from more expensive stores.
The company now expects annual same-store sales growth between 1.5% and 2.5%, up from its prior goal of 1.2% to 2.2%.
Dollar stores have also historically stood a better chance to weather out tougher economic conditions as consumers shop for ...
Dollar General now expects fiscal 2024 same-store sales to rise 1% to 1.6%, down from the prior forecast of 2% to 2.7%, and annual earnings per share to be $5.50 to $6.20, compared with the ...
Dollar General’s shares slumped 32% to a more-than-six-year low on Thursday after the discount retailer slashed its annual sales and profit forecasts, as competition for budget-conscious ...
The company forecast fiscal 2025 profit of ... said Truist Securities analyst Scot Ciccarelli. Dollar General's fourth-quarter comparable sales growth of 1.2% beat estimates, while profit of ...
resulting in disappointing sales at Dollar General, which on Thursday lowered its sales and profit forecast for the year. "We believe the softer sales trends are partially attributable to a core ...
in which the company said it expects same-store sales to grow between 1% to 1.6% — a drastic reduction from the 2% to 2.7% it had previously forecast for the year. Dollar General CEO Todd Vasos ...
The system Deloitte developed with Dollar General can forecast customer level sales with 85% accuracy, according to Pattnaik. “Even a small child who goes into a store, he’s very particular ...
(Reuters) -Dollar General's shares slumped 29% to a more-than-six-year low on Thursday after the discount retailer slashed its annual sales and profit forecasts, as competition for budget ...