GOODLETTSVILLE, Tenn. — Quarterly profits at Dollar General Corp. 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 last week 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. Same-store sales improved by 5.4%. Gross ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.