Dollar General's stock tumbles after retailer misses earnings estimates and lowers guidance

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Dollar General's stock tanked after quarterly earnings fell short and the retailer lowered its guidance by a wide margin.

Dollar General Corp.’s stock tumbled 13.9% in premarket trade Thursday, after the discount retailer posted weaker-than-expected second-quarter earnings and lowered its guidance.

The sales increase was mostly due to positive contributions from new stores, which were partially offset by a decline in same-store sales and store closures. Same-store sales were hurt by lower traffic, partly offset by higher average transaction amount. Gross profit as a percentage o sales was 31.4%, down from 32.3% a year ago, for a 126 basis point decline. That was mostly due to lower inventory markups and increased shrink, markdowns, and inventory damages, as well as a greater proportion of sales coming from the consumables category, which has a lower gross profit rate than other product categories.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Dollar General’s stock tumbles premarket after earnings miss and lowered guidanceDollar General Corp.’s stock tumbled 13.7% in premarket trade Thursday, after the discount retailer posted weaker-than-expected second-quarter earnings and...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »