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Dollar General Is Being Nickel-And-Dimed
GMGM(US:GM) Seeking Alpha·2024-08-30 15:15
jetcityimage If Dollar General (DG) is having a hard time, imagine how its customers must feel. Shares of the $20 billion low-cost U.S. retailer fell 25% on Thursday after it cut its sales forecasts and reported second quarter earnings that didn’t meet expectations. Chief Executive Todd Vasos painted a troubling picture of the low-income group that make up the lion’s share of the company’s shoppers, and a sizeable chunk of the U.S. population. It’s not that the company is having too hard a time attracti ...