Key TakeawaysDollar General reported second-quarter earnings below analysts' estimates and lowered its projections for the full year.CEO Todd Vasos said Dollar General is seeing a "core customer who feels financially constrained."Shares of Dollar General plunged in early trading Thursday following the news. Dollar General (DG) shares tumbled Thursday morning after the discount retailer reported weaker-than-expected earnings for the second quarter lowered its projections for full-year revenue. Dollar Genera ...

Dollar General stock plunged 27% on Thursday after the company released second quarter financial results that showed softening consumer demand and prompted a cut to its annual sales and profit forecast. The company's operating profit decreased by 20.6% to $550 million, while its diluted earnings per share fell 20.2% to $1.70. Its net sales for the quarter were $10.21 billion, shy of analysts' average estimate of $10.37 billion, according to LSEG data.The discount store operator and rival Dollar Tree have be ...

文章核心观点 - 通用汽车(GM)与三星SDI达成电动汽车电池合资企业,双方将投资约35亿美元在印第安纳州建设年产能达36吉瓦时的电池工厂 [1] - 由于电动汽车销售增长低于预期,双方将把电池生产推迟至2027年,而不是原计划的2025年或2026年 [1] - 这一调整是为了与GM对电动汽车需求的预测保持一致 [1] 行业概况 - 尽管美国电动汽车销量正在增长,但由于充电基础设施不足和电动汽车价格较高等问题,导致增速有所放缓 [2] - 2024年第二季度,美国电动汽车销量同比增长11.3%,达到创纪录的330,463辆,主要得益于供给增加、折扣力度加大以及租赁选择更多 [2] 公司动态 - 该电池工厂将生产棱柱形电池单元,以提高性能并降低GM未来的成本 [3] - 该工厂位于印第安纳州新卡莱尔,距南本德约15英里,这里曾被考虑作为通用汽车与LG能源解决方案合资企业Ultium Cells的厂址 [3] - GM已经与LG能源解决方案合作在俄亥俄州洛德斯敦和田纳西州斯普林希尔建有两座电池工厂,并在兰辛建设第三座 [3] - 这次与三星SDI的合作是GM实现电动车供应链战略的关键,聚焦于可扩展性、韧性、可持续性和成本效益 [4] - 这些电池单元将用于支持GM在北美的电动车产能,使其超过每年100万辆 [4] - 这些电池单元将应用于凯迪拉克、雪佛兰和GMC的多款电动车型 [4]

文章核心观点 - 通用汽车将其全电动BrightDrop商用货车纳入雪佛兰品牌,以提高销量、可及性和车型知名度 [1] - 这一变化将使销售和服务点从少数经销商扩展到雪佛兰庞大的北美经销商网络,包括美国500多家专注于商用车的经销商 [1] - 这将为选择采用电动车的客户提供便利,他们可以与他们已经信任的雪佛兰经销商合作,满足其他车队需求 [1] 关于公司 - 通用汽车未披露经销商获得认证销售BrightDrop产品的平均成本,称成本将根据店铺情况而有所不同 [2] 关于行业 - 要销售商用电动车,经销商必须具备特定的车辆举升设备、维修车间和员工培训等 [1]

Dollar General shares tumbled on Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy.Shares of the retailer which caters to more rural areas tumbled 20% in premarket trading following the earnings report.The company now expects fiscal 2024 same-store sales to be up 1.0% to 1.6%, lower than prior outlook for a 2% to 2.7% increase. Earnings per share for the year is expected to be in the range of jus ...

Dollar General Corporation DG is set to release earnings results for its second quarter, before the opening bell on Thursday, Aug. 29.Analysts expect the Goodlettsville, Tennessee-based company to report quarterly earnings at $1.79 per share, down from $2.13 per share in the year-ago period. Dollar General projects to report quarterly revenue of $10.37 billion for the quarter, according to data from Benzinga Pro.Last month, the U.S. Department of Labor announced that its Occupational Safety and Health Admin ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: People walk by Samsung SDI Co.' booth during the InterBattery 2021, the country's leading battery exhibition, at COEX in Seoul, South Korea, on June 9, 2021. Credit: AP Photo/Ahn Young-joon, File Production at an electric vehicle battery cell plant jointly run by General Motors and Samsung SDI has been delayed as EV sales have s ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

文章核心观点 - 通用汽车(GM)将其印第安纳州电池工厂的投产时间推迟了1年至2027年 [1][2] - 这是美国最大汽车制造商在电动汽车(EV)需求低于预期的情况下做出的最新退让 [2] - GM正与三星SDI合资,投资约35亿美元在新卡莱尔建设一家工厂,预计2027年开始量产,并将雇用1600多人 [3] 公司相关 - GM已经推迟了第二家美国电动卡车工厂和别克品牌的首款电动车的计划 [4] - 上周,竞争对手福特(F)取消了一款三排全电动SUV和一款新电动皮卡的生产计划 [5] - GM股价在盘前交易中小幅下跌,但今年已上涨近40% [5]

General Motors (GM) has reportedly hired former Apple leader Tim Twerdahl as vice president of product management for the automaker’s software services group.Twerdahl will report to GM’s senior vice president of software and services product management, Baris Cetinok, Bloomberg reported Tuesday (Aug. 27), citing unnamed sources.General Motors did not immediately reply to PYMNTS’ request for comment.The automaker has previously added some other leaders who were with Apple in the past, according to the report ...