Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Dollar General’s core consumer is “always strained” due to their economic status, but also resourceful, CEO Todd Vasos said.
Dollar General CEO flags alarming shift in customer behavior
However, Dollar General saw customer traffic in its stores dip by about 1% year-over-year. Its operating profit shrunk by ...
Dollar General says it closed almost 100 stores in the fourth quarter but its sales actually went up—and Wall Street is loving it
Dollar General also plans to expand in 2025. Part of the company’s plan in closing nearly 100 underperforming stores—which ...
Dollar General CFO says shoplifting problem is ‘well in our control’—after taking this step
Good morning. Dollar General is one of the retailers that has grappled with “shrink,” an industry term that primarily defines ...
Dollar General plans store closings. What the company is saying about California locations
Dollar General announced its fiscal 2024 earnings Thursday, and said it plans to close nearly 100 Dollar General stores in ...
Dollar General CEO warns consumers ‘only have enough money for basic essentials'
Tariffs and potential changes to government entitlement programs present potential further headwinds for core customers, said ...
Dollar General Hopes Customers Trading Down, Picking Delivery Is a Winning Combo
Key Takeaways Americans' search for less-expensive versions of products could benefit Dollar General, CEO Todd Vasos said.The ...
Discount retailer to close about 100 stores this year
According to an earnings report, the discount retailer plans to close 96 stores in the first quarter of the 2025 fiscal year.
Dollar General Forecasts Muted 2025, Says American Shoppers Are Struggling
The company forecast fiscal 2025 profit of about $5.10 to $5.80 per share below estimates of $5.85, according to data ...
Dollar General to close nearly 100 stores in coming weeks. Will Florida lose any?
Dollar general announced that net sales were up in the latest earnings report, but the company will be shuttering nearly 100 ...
Dollar General CEO says shoppers only have enough money for 'basic essentials'
Dollar General shoppers "have had to sacrifice, even on the necessities," CEO Todd Vasos said Thursday.
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Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter's customers and that the macroeconomic environment won't improve this year. On the company's fourth ...