Dollar General Stock Sinks. The Retailer Slashed Its Outlook and Missed Earnings Expectations.

Dollar General stock was falling Thursday after the discount retailer slashed guidance amid softer sales trends and as it plans to increase investments to speed up inventory reduction efforts.

Same store sales decreased 0.1% compared to the first quarter of 2022, driven by a decline in customer traffic. Dollar General slashed its fiscal 2023 outlook as it takes actions to accelerate the pace of its inventory reduction efforts and makes additional investments in areas like retail labor. The retailer also cited softer sales trends.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

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...
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Dollar General's stock tumbles after retailer misses earnings estimates and lowers guidanceDollar General's stock tanked after quarterly earnings fell short and the retailer lowered its guidance by a wide margin.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

Jack Daniel’s parent company’s stock sinks after surprise drop in profit and sales missBrown-Forman's stock took a beating Wednesday after the parent of the Jack Daniel's whiskey brand reported a surprise drop in quarterly profit.
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »