Aug 27 (Reuters) – Discount retailer Dollar General raised its annual comparable sales forecast on Thursday, betting on its lower-priced essentials to attract value-seeking shoppers amid macroeconomic uncertainty. The company expects annual same-store sales to grow in the range of 2.5% to 2.9%, compared with previous forecast of 2.2% to 2.7%. (Reporting by Shania S […]
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Dollar General raises annual comparable sales forecast
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Aug 27 (Reuters) – Discount retailer Dollar General raised its annual comparable sales forecast on Thursday, betting on its lower-priced essentials to attract value-seeking shoppers amid macroeconomic uncertainty.
The company expects annual same-store sales to grow in the range of 2.5% to 2.9%, compared with previous forecast of 2.2% to 2.7%.
(Reporting by Shania S Thomas in Bengaluru; Editing by Jonathan Ananda)