Profits for the discount retailer jumped after it reported a further decline in losses from shoplifting and damages.
For its quarter ended May 1, Dollar General posted a profit of $444.1 million, up from $391.9 million a year earlier. On a per-share basis, quarterly earnings of $2 a share topped the $1.89 a share ...
Net income rose to $444.1m in the quarter while net sales climbed 3.4% year-on-year to $10.78bn, driven by contributions from ...
Dollar stores – the powerhouse format behind much of the store expansion across the U.S. over the past decade – have hit a bump in the road over recent times. Dollar General shares are down over 40% ...
Dollar General raised its full-year forecast after beating first-quarter expectations for earnings and revenue. CEO Todd Vasos said the company is working to reduce its exposure to China and minimize ...
Dollar General reached a milestone in February with the opening of its 20,000th store in southeastern Texas. And the retailer wants to keep growing. During an earnings call in March, Dollar General ...
Dollar General and Dollar Tree, which will report earnings this week, have cut their sales outlooks even as consumers look for deals. Low-income households, who tend to shop at the deep discounters, ...
Low-income shoppers are pulling back on spending, resulting in disappointing sales at Dollar General, which on Thursday lowered its sales and profit forecast for the year. "We believe the softer sales ...