GOODLETSVILLE, Tenn. — Quarterly profits at Dollar General came in below expectations as the retailer took a hit on margins and marked down some items to serve shoppers challenged by rising gas and commodity prices. The retailer said sales for the fiscal first quarter, which ended April 29, improved 10.9% to $3.45 billion, while net income climbed 15% to $157 million, or 48 cents per share. Analysts expected 50 cents per share. Gross margin of 31.5% of sales was down 63 basis points from ...
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