The discount retailer slashed its guidance for full-year same-store sales and profit.
Dollar General shares tumbled on Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy.
Firs they compete who can fuck over the peasant more, then they go out of business one by one as people either adjust to what they can afford or go homeless.
From a corporate analyst perspective, each of these companies working in isolation thought they had the breathing room to increase their prices and profits. Double the price, sell more than half that you used to, boom profit goes up. But I think too many companies did it at once, and too many costs rose in necessities, and they ate into each others lunches.
Ohh shocker price gouging has consuques.
Firs they compete who can fuck over the peasant more, then they go out of business one by one as people either adjust to what they can afford or go homeless.
Welcome to 2024 America
From a corporate analyst perspective, each of these companies working in isolation thought they had the breathing room to increase their prices and profits. Double the price, sell more than half that you used to, boom profit goes up. But I think too many companies did it at once, and too many costs rose in necessities, and they ate into each others lunches.
Like in game theory!!!
a civilized way to communicate this message.
Thank you for the service!
I was just about to say that maybe people finally figured out that Dollar General is screwing them.