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Dollar General’s stock tumbles toward its worst day ever after missing earnings views, cutting outlook

Clyde Edgerton by Clyde Edgerton
June 1, 2023
in Markets
Dollar General’s stock tumbles toward its worst day ever after missing earnings views, cutting outlook
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Shares of Dollar General Corp. were suffering their worst day in their 14-year public history, after the discount retailer reported disappointing fiscal first-quarter results and cut its full-year outlook.

“While the macroeconomic environment has been more challenging than expected, particularly for our core customer, we are confident in Dollar General’s ability to deliver strong growth in the years ahead, despite the near-term pressure which impacted our first quarter sales results and is anticipated to impact our full-year…



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