Why Dollar General Stock Is Up Today
Higher gas prices are driving consumers to the discount chain's stores.
Overview
Shares of Dollar General (NYSE: DG) rose on Thursday after the low-price retailer boosted its full-year profit forecast.
Image source: Dollar General.
Dollar General's net sales climbed 5.2% year over year to $11.3 billion in its fiscal second quarter, which ended on July 31. The gains were driven by store openings and higher sales at existing locations.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.