Per media sources, a federal appeals court has ordered U.S. auto giant General Motors (GM) to face a class action lawsuit that alleges the company violated the laws of 26 U.S. states by intentionally selling hundreds of thousands of vehicles equipped with defective transmissions. The decision, issued by the 6th U.S. Circuit Court of Appeals, paves the way for a group of drivers to collectively sue GM over problems associated with its 8L45 and 8L90 eight-speed automatic transmissions, which were used in Cadi ...

文章核心观点 - 美国低价零售商Dollar General第二季度销售增长4%,但仍未达预期,股价下跌25% [2][3] - 公司CEO表示,公司主要客户群体收入较低,约60%年收入低于3.5万美元,这些客户在更多可选消费品如服装方面的消费疲软 [2] - 公司毛利率30%,高于沃尔玛和塔吉特,但成本上升1.5个百分点导致营业利润下降近20% [2] 行业分析 - 公司销售增长优于沃尔玛和塔吉特,显示其在成本管控方面表现较好 [2] - 但公司主要客户群体收入较低,在经济环境不佳时更容易受到影响,公司面临独特的挑战 [2] - 公司需要在保持利润率和满足客户需求之间寻求平衡 [2]

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying DG stock? Here’s what analysts think: ...

Dollar General TodayDGDollar General$84.20 -39.64 (-32.01%) 52-Week Range$84.00▼$168.07Dividend Yield2.80%P/E Ratio12.26Price Target$144.10Add to WatchlistDollar General NYSE: DG is a leading discount retailer serving millions of value-conscious shoppers across the United States. Dollar General’s stock price has been struggling with headwinds since the beginning of the second quarter, and the company has seen its stock price plummet by over 35% year-to-date.While this decline might appear to be an issue wit ...

After many headaches, GM finally has some good news for Cruise regarding an NHTSA probe and an intriguing partnership.The automotive industry is arguably poised to evolve more over the next decade or two than it has over the past century. There is a massive opportunity for automakers with the transition to electric vehicles (EVs), the potential for software revenue and subscription-as-a-service, and robotaxis, just to name a few things.For all of the exciting potential upside, all that General Motors' (GM 0 ...

Key TakeawaysThe S&P 500 was little changed on Thursday, Aug. 29, following an upward revision to second-quarter economic growth figures.Best Buy shares soared as strength in tablets and computers helped the electronics retailer top sales and profit forecasts.Shares of Dollar General plummeted after the discount retailer's sales and profits fell short of estimates. Major U.S. equities indexes were mixed after a report showed that the U.S. gross domestic product (GDP) grew more than previously thought in the ...

The financial results for four major retailers — Kohl’s, Burlington Stores, Dollar General and Five Below — in the second quarter of 2024 highlighted a range of performances and strategic responses. From growth and resilience to challenges and adjustments, their fiscal performances provide insights into how they are navigating the evolving retail environment. Kohl’s Repositions to Stop Sales DropKohl’s endured a challenging second quarter as its net sales decreased 4.2% and comparable sales sank 5.1%. Tom K ...

jetcityimage Dollar General Corporation (NYSE:DG) is the largest discount retailer in the U.S. with 20,022 stores in total. The company released its weak Q2 result on August 29th, lowering the full year financial guidance. The stock price plummeted by nearly 30%. The weak consumer demand, particularly among low-income households, may continue to pressure Dollar General’s growth. However, after the stock’s sharp decline, I think the stock price has returned to a more realistic level. I am initiating Doll ...

BEIJING, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer” or the “Company”),  a leading provider of advanced mobile internet infrastructure and platform services, today announced the results of its 2024 Annual General Meeting, which was held on August 28, 2024, in Beijing, China. At the 2024 Annual General Meeting, the Company’s shareholders: (1)   re-elected Messrs. Yong Li and Bing Zhang as Class II directors of the Company to serve until the 2027 Annual General Meeting of the ...

Profits have plunged, exasperating investors.Shares of retail chain Dollar General (DG -29.73%) plummeted on Thursday after the company reported financial results for the second quarter of 2024. As of this writing, Dollar General stock was down a hefty 30% and trading below $87 -- it hasn't been this low since late 2017.How bad is it?Investors are likely reacting to Dollar General's lower full-year financial guidance. Management had expected to grow net sales by 6% to 6.7% in 2024 but now it believes it wil ...