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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Dollar General 'Back-To-Basics' Strategy Earns Analyst Upgrade Following Mixed Earnings

Dollar General Robert F Ohmes Kate McShane DG

Dollar General Corporation (NYSE:DG) shares are trading higher Friday after the company reported third-quarter adjusted earnings per share of 89 cents, missing the consensus of 94 cents.

The discount retailer’s EPS is down 29.4% year-over-year. It now expects 2024 net sales growth of approximately 4.8% to 5.1%, compared to its previous expectation of roughly 4.7% to 5.3%.

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