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Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers

August 29, 2024

Dollar General shares tumbled on Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy. Shares of the retailer which caters to more rural areas tumbled 20% in premarket trading following the earnings report.

Article Source: CNBC

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