Dollar General raises sales forecast as Americans turn to cheaper shopping

Summary by Ground News

Dollar General Corp (DG.N) raised its sales forecast for the year on Thursday. Shares of the company rose 9% in premarket trading. They had lost a fifth of their value last week after downbeat earnings from bigger rivals Walmart Inc and Target Corp.

1 month ago

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Reuters

Dollar General raises sales forecast as Americans turn to cheaper shopping

Dollar General Corp raised its sales forecast for the year on Thursday, as more Americans turn to discount store shopping with inflation at a four-decade high. Shares of the company rose 9% in premarket trading. They had lost a fifth of their value last week after downbeat earnings from bigger rivals Walmart Inc and Target Corp. With prices of essentials soaring and no federal

1 month ago·United Kingdom

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