Dollar General Corp.’s stock tumbled 13.7% in premarket trade Thursday, after the discount retailer posted weaker-than-expected second-quarter earnings and...
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.
47 and sales of $9.926 billion. Same-store sales fell 0.1% while FactSet was expecting a 0.9% rise. Owen said the company is making further investments to draw down inventory and drive growth and expect an operating profit headwind of up to $170 million in the second half from those investments. Dollar General lowered its guidance and said it now expects sales to be up 1.3% to 3.3%, compared with prior guidance of up 3.5% to 5.0%. It expects EPS of about $7.10 to $8.
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Jacksonville shooter who killed 3 at Dollar General used to work at dollar store, sheriff saysAuthorities identified the shooter as Ryan Palmeter, who they said worked at a Dollar Tree from October 2021 to July 2022.
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Enterprise Dollar General shooting prompts police investigationDuring the fight, a person was struck by a vehicle and multiple gunshots were fired.
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Jacksonville Dollar General shooting: 911 call made by shooter’s dad releasedFor the first time, we’re hearing the 911 call from the father of the shooter from this weekend’s racially motivated attack at a Jacksonville Dollar General.
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Jacksonville Dollar General shooting: Sheriff shows video of gunman’s movements before racial attackThe Jacksonville Sheriff’s Office on Monday revealed new information about the shooter in a racially-motivated attack on Saturday at a Jacksonville Dollar General.
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Remembering the victims of the racially motivated Jacksonville Dollar General shootingThe victims of the racist Jacksonville, Florida, shooting are being remembered by their loved ones as a devoted father, a loving mother and a recent high school grad.
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