Jim Cramer shares his opinion for caller favorite stocks, including this popular retail play.» Read More
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Dec 3- Dollar General Corp reported a smaller-than-expected rise in same-store sales as its core customer base spent less, but the No.2 U.S. discount retailer by store count managed to eke out higher profits by keeping a tight lid on costs. A pullback in customer spending and warmer-than-usual weather has reduced sales at a number of retailers such as Macy's Inc...
Dollar General, the No.2 U.S. discount retailer, reported lower-than-expected quarterly net sales as consumer spending showed few signs of recovery.
Dec 3- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported lower-than-expected quarterly net sales as consumer spending showed few signs of recovery. Dollar General said on Thursday that its same-store sales rose 2.3 percent in the third quarter. Dollar General said it was adopting "zero-based budgeting"- wherein companies plan...
Dec 3- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported lower-than-expected quarterly net sales, saying the retail environment was similar to the preceding quarter when it said consumers were holding back on spending. Dollar General's net income rose to $253.3 million, or 86 cents per share, in the third quarter ended Oct. 30 from...
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After months of uninspiring sales growth and recent disappointments from Macy's and Nordstrom, shareholders of apparel sellers have had little to be thankful for and face a challenging holiday season. Shares of Macys and Nordstrom have reflected a shift by consumers away from discretionary items like designer-label clothes and cosmetics toward online...
Shoppers turned out in droves for Black Friday deals, but are they enough to boost bottom lines?
After months of uninspiring sales growth and recent disappointments from Macy's and Nordstrom, shareholders of apparel sellers have had little to be thankful for and face a challenging holiday season. Macy's stock has plummeted 39 percent this year while Nordstrom is down 22 percent and Tiffany& Co is 23 percent lower- all far worse than the benchmark S&P 500...
Well-regarded hedge fund manager Steve Mandel of Lone Pine Capital is aggressively buying shares of Dollar Tree.
Nov 24- Dollar Tree Inc reported better-than-expected net sales for the third quarter, its first since acquiring Family Dollar and becoming the largest discount retailer in the United States. Higher rents, taxes and healthcare costs are pushing low-income Americans to rein in spending, helping discount retailers to win more business, Dollar Tree Chief...