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Dollar General Jumps On "Traffic-Led Momentum" As $4 Gas Accelerates Consumer Trade-Down

Dollar General Jumps On "Traffic-Led Momentum" As $4 Gas Accelerates Consumer Trade-Down Dollar General shares surged 6% in the cash session Thursday morning after stronger customer traffic fueled a second-quarter earnings beat and prompted the discount retailer to raise its full-year outlook. Jefferies analyst Corey Tarlowe wrote in a first take on earnings that "traffic-led momentum drives another beat." The discount retailer, with 21,000 stores nationwide, most of them located in low-income ZIP codes, reported second-quarter earnings of $2.48 per share, up from $1.86 a year earlier and well above the Bloomberg...
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Chinese National Madam Indicted For Running Brothels Out Of Boston Apartments
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US Consumer Prices Are Rising At Their Fastest Pace In 3 Years
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