Why Dollar General Stock Popped Today
Cash-strapped consumers are turning to the discount chain for bargains.Shares of Dollar General (DG +14.01%) climbed 14% on Thursday after the retailer boosted its full-year profit forecast. Saving people money is good for businessDollar General's net sales rose 4.6% year over year to $10.6 billion in the third quarter. The gains were driven by new store openings, renovations, and higher sales at existing locations.The discount chain opened 196 new stores and remodeled 1,175 locations during the quarter. Th ...