Dollar General: Oh Boy
GM(GM) Seeking Alpha·2024-08-30 00:45
jetcityimage Introduction It's time to talk about Dollar General Corporation (NYSE:DG). The discount retailer just released its 2Q24 earnings, causing its stock price to drop to a new multi-year low. While I am writing this, the company has lost roughly 30% of its market cap as it made crystal clear it was not satisfied with its financial numbers. Not only is this bad news for the company, but it also tells us a lot about the consumer. Data by YCharts On top of that, assessing Dollar General is important fo ...