Dollar General Shares Zip Higher After Retailer Raises Outlook
Discount retailer says it expects sales to rise 3.7% to 4.7% for the fiscal year
Dollar General raised its outlook for the year after assessing the impact of tariffs on its business and better-than-expected first-quarter results, sending its shares 11% higher in premarket trading.
The discount retailer said it expects sales to rise 3.7% to 4.7% for the fiscal year ending Jan. 30, and 1.5% to 2.5% on a same-store comparable basis. Earnings are expected to hit $5.20 to $5.80 a share...
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