Dollar General shares are trading lower after the company reported worse-than-expected Q1 results and cut its FY23 sales growth outlook.
Portfolio Pulse from Benzinga Newsdesk
Dollar General reported worse-than-expected Q1 results and lowered its FY23 sales growth outlook, causing its shares to trade lower.
June 01, 2023 | 11:12 am
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Dollar General's shares are trading lower due to worse-than-expected Q1 results and a reduced FY23 sales growth outlook.
Dollar General's worse-than-expected Q1 results and lowered FY23 sales growth outlook directly impact investor sentiment and the company's stock price. As a result, the stock is likely to trade lower in the short term.
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