Dollar General Exec Says Now Expect About $100M Of Additional Shrink Headwind Since Last Quarter's Call In FY23
Portfolio Pulse from Happy Mohamed
Dollar General's executive has announced an expected increase of about $100M in additional shrink headwind since the last quarter's call in FY23.
August 31, 2023 | 2:20 pm
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Dollar General Corporation (DG) expects an additional $100M shrink headwind in FY23, which could negatively impact its financial performance.
The announcement of an additional $100M shrink headwind for Dollar General in FY23 indicates potential financial challenges for the company. This could lead to a decrease in the company's profitability, which may negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100