Dollar General Lowers Sales Forecast

This is a news story, published by CBS News, that relates primarily to Dollar General news.

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Dollar General

CBS News

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Dollar General struggles as customers cut back on discretionary spending

Summary

Nutrition label

84% Informative

Low-income shoppers are pulling back on spending, resulting in disappointing sales at Dollar General .

The retailer lowered its sales and profit forecast for the year .

Analyst: "Good news has not yet reached the wallets of Dollar General customers who remain very constrained and cautious" Dollar General may also be losing ground to other stores, including Walmart and Target .

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful