Collapse  

Dollar General shares crater 25% as retailer cuts outlook, blaming ‘financially constrained’ customers

Dollar General shares tumbled 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 25% in premarket trading after the earnings report.

Like our work? Support the cause.
$
/