Dollar General stock tumbled 17% on Thursday following a second-quarter earnings miss. The company reported earnings of $2.13 a share, while a FactSet survey forecasted $2.47 a share.

Dollar General expects $100M headwind from theft

11:35am, Thursday, 31'st Aug 2023
Dollar General reported Thursday that its gross profit as a percentage of net sales slipped in its second quarter in part because of an elevated level of inventory shrink.
Dollar General (DG) came out with quarterly earnings of $2.13 per share, missing the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.98 per share a year ago.
Dollar General slashed its sales and profit outlook for the year on Thursday, blaming headwinds including weaker consumer spending on non-essential purchases and increasing theft.
Dollar General Corp. (NYSE:DG) stock tumbled 14% in pre-market trading after posting weaker-than-expected second quarter results, due to in part to higher shrinkage, as well as lowering guidance for
Dollar General posted fiscal second-quarter earnings of $2.13 a share on revenue of $9.8 billion.
Dollar General Corp.'s stock DG, +1.72% tumbled 13.7% in premarket trade Thursday, after the discount retailer posted weaker-than-expected second-quarter earnings and lowered its guidance. “While we
Major indices are bouncing back, after selling off earlier this month. Bottom-fishers take note: there are still plenty of oversold stock opportunities out there for investors.
There are several notable companies set to report their quarterly results on Thursday, August 31 and two big retailers' investors will be watching are Lululemon (LULU) and Dollar General (DG).
Salesforce, Crowdstrike and Okta all beat expectations on both top and bottom lines today.
Analysts at the Bank of America (BoA) believe Dollar General Corp. (NYSE:DG) will report an earnings miss before the market opens on Thursday, August 31, amid moderating inflation, increasing competit
Financial markets evolve rapidly, almost by the week nowadays, giving investors a new list of indicators to watch out for to make better investment decisions. Some of these indicators are found in num
JACKSONVILLE, Fla. (AP) — A white man wearing a mask and firing a weapon emblazoned with a swastika gunned down three Black people Saturday in a racist attack in Jacksonville, Fla.
During uncertain macroeconomic times, consumers trying to stretch their budgets will migrate towards finding promotions and discounts at retailers. Consumers shop in dollar stores to get the best deal
The Wall Street analysts who follow companies in the S&P 500 index SPX tend to be an upbeat bunch, but as second-quarter earnings reporting season winds down, are they too upbeat on the months ahead?
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