Why Dollar General Stock Was Sliding Today

Jeremy Bowman, The Motley Fool
·2 min read
Why Dollar General Stock Was Sliding Today

Shares of Dollar General (NYSE: DG) were falling today on mounting evidence that low-income consumers are struggling with inflation and that the company is up against difficult comparisons with the quarter a year ago, when Americans received stimulus checks last March. One analyst also lowered its rating on the discount retailer. Last night, Ross Stores (NASDAQ: ROST) was the latest discount retailer to serve up a subpar earnings report as the off-price apparel chain said comparable-store sales fell 7% and earnings per share (EPS) declined 28%.

Continue reading
  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • PWHL Montreal ready to set attendance record against Toronto at the Bell Centre

    MONTREAL — Danièle Sauvageau says there’s so much interest in the Professional Women’s Hockey League game at the Bell Centre that she’s searching for ways to outsmart the arena’s security. “People are after us like 'I need tickets,'” PWHL Montreal’s general manager said Friday. “I had an event this morning — 'How can we get tickets tomorrow?' I said 'well, maybe we could sneak you through the parking lot and get in through the back door.'” Montreal hosts Toronto on Saturday afternoon at the home

  • Jack Grealish interview: I lost confidence at start of season – but have no issue with Pep Guardiola

    He is an open book, Jack Grealish. Sponsors love him because he brings such authenticity to those commercial shoots and, for the community and charitable arms at Aston Villa, Manchester City and England, there is a genuine warmth and sincerity to his interactions with fans and the public alike. What you see with Grealish is what you get. Charming, lovable, charismatic – above all real.

  • NBA player teams up with local artist to create basketball court murals

    WRTV's Jessica Gruenling explains why the murals are coming to Brooks School Park in Fishers.

  • Sask. man who didn't want his daughter to get COVID-19 shots found guilty of abduction

    The trial of a Carievale, Sask., man charged with abducting his daughter ended Friday with a jury finding him guilty.Court heard Michael Gordon Jackson failed to return his seven-year-old daughter to the care of her mother, who had primary custody, after a long-weekend visit in November 2021. Jackson, who represented himself at the trial in Regina Court of King's Bench, had told the jury his only intention was to prevent his daughter from getting the COVID-19 vaccine. Jackson said he believed th

  • Inuvik elder Gerry Kisoun to be the N.W.T.'s next commissioner

    Gerry Kisoun will be the next commissioner of the Northwest Territories, according to an announcement from Prime Minister Justin Trudeau's office on Friday afternoon. The Inuvialuit-Gwich'in elder worked for the RCMP for 25 years, serving in Tuktoyaktuk and Inuvik, as well as in Alberta and the Yukon according to his biography. After retiring from the RCMP, Kisoun worked for Parks Canada for 17 years in its Western Arctic Field Unit. He was also previously the deputy commissioner of the N.W.T. f

  • Mowachaht/Muchalaht soon to open Baymont by Wyndam hotel with tourism information services

    By Alexandra Mehl Gold River, BC - This spring Mowachaht/Muchalaht First Nation (MMFN) will be opening the doors of their new hotel, Baymont by Wyndam, previously known as the Gold River Chalet, alongside new tourism information services aiming to bring more visitors to the region. Gold River Chalet closed its doors in April of 2023, according to the hotel manager Rohinton (Roy) Kharadi. Over the last year the building underwent “complete renovations,” he noted. “Total wow,” said Kharadi, when a

  • Family-owned ranch in Pasco County gives horses, donkeys second chance at life

    It’s a family affair, and the animals become family as well. They work to rescue, rehab, retrain, and rehome these animals. “We are here to give the horse a next job in its life and to find their person,” said Tammy Stricker, Coordinator at Stricker Sunshine Rescue Ranch. Tammy and Al Stricker built Stricker Sunshine Rescue Ranch out of passion and love for these animals.

  • Brixton Academy opens doors again more than a year after fatal crush

    The venue had heavy security for the reopening.

  • Sault recreational lock closed until August

    A major tourist waterway will be off limits until the late summer to allow construction crews to complete some work on a nearby historic building. Since low water levels are required to continue restorative work on the Powerhouse building's foundation, the canal's recreational lock must be closed until around August, Parks Canada officials say. The recreational lock, opened in 1998, allows recreational boaters and tourist vessels to pass between Lake Superior and Lake Huron by changing the water

  • Dow Jones Futures: S&P 500 Has Worst Week In Year As Nvidia, Super Micro, AI Leaders Plunge

    The Nasdaq had its worst week since 2022 as AI stocks Nvidia and Super Micro flashed sell signals. Tesla, Microsoft, Meta lead earnings on tap.

  • Bitcoin halving: How will crypto miners be affected?

    Investors are anticipating the bitcoin (BTC-USD) halving event in the near future, as soon as this weekend. The price of bitcoin has retreated from its recent highs and is currently trading above $64,000 as of Friday. During this event, the reward for mining new bitcoin blocks is cut in half, slowing down the rate at which new bitcoins are introduced into circulation. Yahoo Finance's Julie Hyman and Madison Mills break down the details, providing insights into the implications for bitcoin miners' profit margins. Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

  • Woman missing for weeks may be in Arizona state park, family says. ‘We are devastated’

    “We need all the help we can get to help find her and find answers.”

  • Met apologises for ‘openly Jewish’ comment – then is forced to apologise again for ‘victim blaming’ statement

    Double apology from force after officer uses term ‘openly Jewish’ to antisemitism campaigner

  • Tampa's food scene spotlighted with Michelin Star additions

    It’s a huge deal in the restaurant industry: being recognized by the Michelin Guide. A few more restaurants in Tampa landed on that list. Inside Streetlight Taco in Tampa on any given afternoon, you'll find people sitting elbow to elbow waiting to take a bite of something tasty. “I've always been passionate about Mexican food and the people and the culture, and I had a great opportunity to kind of live my dream,” said Michael Brannock, the chef and partner at Streetlight Taco.

  • Man sets himself on fire outside Trump trial court

    A man set himself on fire outside the New York court where Donald Trump’s hush money trial was being held on Friday.

  • Gov. Moore "incredibly encouraged" on efforts to secure federal funding for bridge rebuild

    An aerial view of the wreckage draped across the bow of the Dali provides a clearer picture of the work crews still have cut out for them. "This is the road. That is literally the road from the Key Bridge that's sitting on top of the ship," Governor Moore said as he showed reporters the image during a Friday press conference.

  • Stars waited late to find out they get playoff rematch against the defending Stanley Cup champions

    FRSICO, Texas (AP) — Tyler Seguin got sidetracked on his way to bed when he checked the scores from the two games on the West Coast that would determine who the Dallas Stars would face in the first round of the NHL playoffs. “I went in the living room just to see what was going on,” Seguin said in the Stars locker room Friday. Matt Duchene was watching as well from his home late Thursday night, and kept waking up his wife to tell her who the Stars would be playing. That changed a couple of times

  • Jameson Taillon comes off the injured list and helps the Cubs beat the Marlins 8-3

    CHICAGO (AP) — Jameson Taillon had a solid first start, Nico Hoerner doubled twice and the Cubs rolled past the Miami Marlins 8-3 on Friday. Taillon (1-0), reinstated from the injured list a day earlier, retired the first 10 Miami batters before Bryan De La Cruz smacked his fourth homer of the season. By then, the Cubs had a six-run cushion. They’ve won two straight and five of six. The Cubs tagged A.J. Puk (0-4) for a pair of runs in the first inning and ended his day with a four-run third capp

  • Could a stealth juror derail Trump’s trial?

    Defence and prosecution worked during jury selection to root out those ‘hell-bent’ on either conviction or acquittal, Gustaf Kilander and Alex Woodward write

  • After near-miss, FAA introduces new scheduling rules for air traffic controllers

    One day after a near-miss involving a Boston-bound JetBlue flight in Washington, DC, the FAA is introducing new rules for the scheduling of air traffic controllers.