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ast in a string of disappointing reports from retailers. Dollar General's quarterly profit drops, causing a 16% drop in their stock. This is the latest in a string of disappointing reports from retailers.
Updated an hour ago
Dollar General stock sinks after company cuts outlook
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Editor
Dollar General shares are falling after the retailer announced a decline in its quarterly profit, and lowered its sales and earnings forecast.
Recent stock prices were $132.06, down 16%. Dow Jones Market Data reports that the stock has fallen by around 46% so far this year.
Dollar General's latest results have raised investors' concerns over the strength of consumer expenditure and retail theft.