Dollar General raises annual sales forecast
Dollar General raised its annual comparable sales forecast after reporting a quarterly same-store sales increase of 3.5 percent. The discount retailer benefited from steady demand for lower-priced essentials, sending its shares up about 8 percent in premarket trading.
Insights:
Dollar General raised its annual comparable sales forecast on Thursday morning, lifting shares 8% in premarket trading. The discount retailer is capitalizing on steady demand from budget-conscious shoppers.
