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News • 5 months ago

Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers

cross-posted to:
economics

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Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers

@[email protected] to

News • 5 months ago

cross-posted to:
economics

Dollar General shares crater 20% as retailer cuts outlook, blaming 'financially constrained' customers

The discount retailer slashed its guidance for full-year same-store sales and profit.

Chat

@[email protected]
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fedilink
English
90•5 months ago
I thought their entire business model intentionally targets financially constrained customers. Why is that a problem now?
- @[email protected]
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  fedilink
  57•5 months ago
  Because capitalism’s perpetual growth cornerstone demands profits increase exponentially.
  - bean
    link
    17•5 months ago
    Yup. Can’t squeeze a rock for more water.

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