Start Time: 10:00 January 1, 0000 11:10 AM ET Dollar General Corporation (NYSE:DG ) Q1 2023 Earnings Conference Call June 01, 2023, 10:00 AM ET Company Participants Jeffery Owen - CEO Kelly Dilts - EV
Dollar General profit, sales miss estimates as inflation hits customer spending, sending shares lower.
Shares Dollar General nosedived as the budget retailer reported disappointing first quarter results. It follows the likes of Dollar Tree, which recently cut its outlook.
Markets moved higher on Thursday on optimism about a resolution to the debt ceiling issue. Dollar General stock plunged as the discount retailer cited consumer struggles for weak performance.
Former DVF CEO Sandra Campos and Bryan Gildenberg, managing director at Retail Cities North America, join 'Power Lunch' to discuss the health of the economy from the retail outlook.

Dollar General: No Longer Downturn-Proof

01:53pm, Thursday, 01'st Jun 2023
Pinched lower-income consumers are cutting back, and middle-class ones aren't trading down enough.
The markdown of retail stocks Thursday (June 1) signals that the summer of markdowns is here. Macy's financial results and a host of announcements from other firms Thursday morning showed that inflat
Dollar General Corp. (NYSE:DG) has reported an earnings miss and cut its full-year guidance as customers in its target market cut back on spending due to the effects of a tougher economy, sending its
Dollar General's (DG) first-quarter same-store sales rise 1.6% due to an increase in the average transaction amount.
Dollar General's sales came up short of expectations, and profits fell. The company lowered guidance for the rest of the year and is altering its capital-allocation plans to save cash.
Gerald Storch, Storch Advisors CEO and former Target vice chairman, joins 'Squawk on the Street' to discuss retail's rough run in the market and what's ahead for the sector.
Dollar General investors approved a resolution Wednesday to create an independent audit of the chain's safety policies because of violence at stores and millions of dollars in fines for workplace safe
CNBC's Jim Cramer delivers his daily Mad Dash.
The headline numbers for Dollar General (DG) give insight into how the company performed in the quarter ended April 2023, but it may be worthwhile to compare some of its key metrics to Wall Street est
Macy's, Dollar General slash outlooks on consumer spending weakness. Target fades further after downgrade.
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