Dollar General Cuts FY23 Same-Store Sales Growth Outlook From 3.0%-3.5% To 1.0%-2.0%
Portfolio Pulse from Benzinga Newsdesk
Dollar General has reduced its FY23 same-store sales growth outlook from 3.0%-3.5% to 1.0%-2.0%.
June 01, 2023 | 11:00 am
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NEGATIVE IMPACT
Dollar General's lowered FY23 same-store sales growth outlook may negatively impact its stock price in the short term.
Dollar General's lowered sales growth outlook indicates that the company expects weaker performance in the future. This may lead to reduced investor confidence and a potential decline in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100