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00:02Dollar General raised its annual profit forecast as the discount retailer posted stronger than
00:07expected quarterly earnings, according to Reuters. The company reported a profit of $2 per share,
00:14topping analyst estimates of $1.89. Quarterly sales rose 3.4% to $10.79 billion,
00:22roughly in line with estimates of $10.81 billion.
00:26Dollar General lifted its fiscal 2026 earnings per share outlook to $7.20 to $7.45,
00:33up from a prior range of $7.10 to $7.35. The company said it does not factor in any
00:40potential impact from tariff refund payments and continues to expect annual same-store sales growth
00:46of 2.2% to 2.7%. Rising gasoline prices, U.S. tariffs, and labor market uncertainty
00:54are pressuring consumer budgets, driving shoppers toward discount retailers.
00:59Shares rose nearly 5% in pre-market trading.
01:02For all things money, visit Benzinga.com.
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