Dollar General Cuts FY23 EPS Outlook From The Prior 4%-6%, Growth To An Approximate 8% Decline-Flat
Portfolio Pulse from Benzinga Newsdesk
Dollar General has reduced its FY23 EPS outlook from a previous 4%-6% growth to an approximate 8% decline to flat.
June 01, 2023 | 11:03 am
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NEGATIVE IMPACT
Dollar General's lowered FY23 EPS outlook may negatively impact its stock price in the short term.
Dollar General's lowered FY23 EPS outlook indicates a weaker financial performance than previously expected. This may lead to a negative sentiment among investors, causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100