Dollar General is working to fix its profitability problem. Management blamed inventory management issues which had led to markdowns, theft, and damage. Regarding theft, the company is making progress. And inventory per store was down 7% year over year in the third quarter. So there's tangible...
Investors didn't like thatDollar General(NYSE: DG) missed analyst estimates in its fourth-quarter earnings report, nor did they care for the weak guidance the deep discounter issued. Even though the company reported higher sales and robust comparable-store sales growth that exceeded expectations, s...
Of course the steel snow plow was invented up here. This area of Upstate New York (called the Tug Hill Region) sets national snowfall records routinely. Trying to drive a school bus between Watertown and Clayton and Alexandria Bay was no easy tasking the early 1900s.Carl Frinkof Clayton cam...
The stock plunged 32% on Aug. 29, after Dollar General turned in dismal second-quarter results. While that was just one trading day out of the whole year, the results and the reaction symbolize why the stock fell so far. Same-store sales rose 0.5% in the quarter on a 4.2% increase i...
Management also said that its strong store expansion would continue into next year with an expected 975 new store openings in 2019. Given that continued expansion and the otherwise solid performance except for the hurricane impact, today's sell-off seems like a mistake. ...
quarter of 2024, Dollar Tree's management gave an interesting statistic, sharing that it's gained nearly 3 million net new shoppers in the past year. Dollar General hasn't shared a similar statistic. But itssame-store salesare up this year, which doesn't indicate losing out to e-commerce...
000 Family Dollar stores was supposed to help battle competition from other rival discount stores as well as fromWalmart, but same-store sales have flatlined over the past two years despite remodeling stores and increasing the product offerings. Dollar Tree's stock performance has alsolagged be...
dioxide emissions annually. Exxon will transport carbon dioxide captured at a new plant CF Industries is building in Louisiana to a secure geologic formation, where it will store the greenhouse gas. Commercial CCS agreements like this could provide Exxon with a meaningful income stream in th...