Black Friday puts consumer spending in market's glare with stocks near records [Yahoo! Finance]
Dollar General Corporation (DG)
Last dollar general corporation earnings: 3/12 06:55 am
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Source: Yahoo! Finance
Friday kicks off a holiday shopping season that could shed light on how buyers are grappling with higher prices. The benchmark S&P 500 rose 1.7% in the past week and approached all-time highs as investors digested the end of a solid third-quarter corporate reporting season. Earnings are on pace to have climbed about 9% from a year earlier. But recent earnings from two high-profile retailers yielded sharply different prospects: Walmart on Tuesday raised its annual sales and profit forecast for the third consecutive time, while Target shares tumbled after it forecast holiday-quarter comparable sales and profit below estimates on Wednesday. The holiday shopping season could give further insight on consumer spending, which accounts for more than two-thirds of U.S. economic activity. Even though inflation rates have moderated from 40-year peaks hit two years ago, higher prices are still challenging consumers, said Abby Roach, portfolio analyst at Allspring Global Investments. "It's
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DG
Earnings
- 8/29/24 - Miss
DG
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/13/24 - Form SC
- DG's page on the SEC website