Dollar General Misses Q2 Earnings, Lowers View on Soft Sales Trends
GM(GM) ZACKS·2024-08-30 00:16
Shares of Dollar General Corporation (DG) fell during the pre-market trading session after the company reported lower-than-expected second-quarter results and revised its fiscal 2024 guidance downward due to sluggish sales trends. The same-store sales growth rate also decelerated compared to the preceding quarter.The quarterly earnings of $1.70 per share missed the Zacks Consensus Estimate of $1.79 per share and declined 20.2% from the prior-year period.Net sales of $10,210.4 million fell short of the Zacks ...