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Dollar General 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 record.
As of 1:19 p.m. ET, Dollar General stock was down 4.5%. Shares of Dollar General (NYSE: DG) were moving lower today, even though there was no company-specific news out on the discount retailer ...
Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy.
On the back of slightly discouraging news, Dollar General (NYSE: DG) stock traded down in early action on Thursday before recovering. At least that was good enough to top the S&P 500 index on the ...
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 (NYSE: DG) shares lost nearly a third of their value after the discount retailer issued weak guidance with its fiscal Q2 results on Aug. 29. The plunge sent the stock to its lowest ...
Dollar General said the decline was "primarily attributable to lower inventory markups and increased shrink," among other factors. The stock has 11 Buy recommendations, 16 Holds and three Sells.
Less than a year ago, things were good for Dollar General (NYSE: DG) shareholders. The stock traded around $150 per share. But it has now dropped more than 50% from its highs in 2024 and the sell ...
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