Dollar General's Gloomy Outlook Sinks Discount Group
Investors punished discount chain Dollar General (DG) after it beat third-quarter earnings estimates but said it's cautious about the rest of the year. Other discount retailers also tumbled. "We are facing a significant same-store sales comparison from our 2011 fourth quarter," Dollar General CEO Rick Dreiling said in a written statement, "which included very strong January sales, growing near-term pressures that are impacting our customers'
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