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Posted 8/31/2023, 11:16:34 AM

UPDATE 2-Dollar General shares tank after another disappointing quarter

Dollar General cuts annual forecasts and misses profit and sales expectations due to weaker store traffic and increased sales of low-margin essentials, resulting in a 17% drop in its shares; the company has fallen short of earnings expectations for four consecutive quarters and cites heavy competition and high inflation as factors.

yahoo.com

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8/31/2023

These are the top 10 things to watch in the stock market Thursday

Salesforce reports a strong quarter, leading to multiple price-target increases from analysts and a 6% jump in shares, while Dollar General sees a decline in results and slashes forward guidance.

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Dollar General shares tumble after it cuts forecasts, blaming a spending slump and theft

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8/31/2023

Dollar General stock crashes 17% after the budget retailer cuts its outlook for the rest of the year

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Retailers Blame Theft for Shrink Losses, But Data Shows Complex Causes Behind Inventory Shortfalls

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Topics

Posted 8/31/2023, 11:16:34 AM

UPDATE 2-Dollar General shares tank after another disappointing quarter

yahoo.com

Relevant topic timeline:

8/31/2023

These are the top 10 things to watch in the stock market Thursday

Salesforce reports a strong quarter, leading to multiple price-target increases from analysts and a 6% jump in shares, while Dollar General sees a decline in results and slashes forward guidance.

8/31/2023

Dollar General shares tumble after it cuts forecasts, blaming a spending slump and theft

8/31/2023

Dollar General Stock Sinks. The Retailer Slashes Its Outlook After Missing Earnings Expectations.

Dollar General stock plunges after the retailer cuts its forecasts due to lower sales and increased expenditures.

9/1/2023

Bitcoin, Ethereum Drop After SEC Delays ETF Decision - Decrypt

8/31/2023

Dollar General stock crashes 17% after the budget retailer cuts its outlook for the rest of the year

Dollar General's stock plunged 17% after missing earnings expectations in Q2 and revising its outlook for the rest of the year, citing weaker sales trends and inventory pressures.

9/4/2023

Global market weekly recap (August 28 – September 1, 2023)

9/8/2023

Retailers Blame Theft for Shrink Losses, But Data Shows Complex Causes Behind Inventory Shortfalls

9/19/2023

Dollar General Disappoints with Falling Profits and Gloomy Outlook

Dollar General's declining margins and financial strain caused by its own discounts undermine its viability, leading to a cautious outlook on DG stock.

9/20/2023

Pinterest, General Mills Up Premarket; Instacart Falls in IPO Debut While Coty Rises on Upbeat Outlook

9/20/2023

General Mills Profits Drop as Inflation Cuts into Sales Growth

General Mills' profits have fallen 18% in Q1 due to eroded market share, while its sales have risen 4% to reach $4.9 billion.

9/21/2023

Wall Street Set for Lower Open After Fed Signals Higher Rates May Continue Through 2024