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Dollar General Drops as Forecast Cut Amid Faltering Turnaround.
- Source :
- Bloomberg.com; 8/29/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- (Bloomberg) -- Dollar General Inc. cut its full-year sales forecast, a sign that the discounter's turnaround efforts may not be fending off competition.The company said it now expects comparable sales to rise 1% to 1.6% for the year, down from the previous forecast of a 2% to 2.7% increase. The shares fell as much as 16% in trading before US markets opened.©2024 Bloomberg L.P.By Jaewon KangReported by Author [Extracted from the article]
- Subjects :
- STOCK prices
FORECASTING
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 179339709