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Posted by
Two Blokes Jun 16 -
Filed in
Stock
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Dollar General made significant progress on shrink, inventory, and customer growth, raising guidance despite a tough environment—evidence of a strong turnaround. New customers, especially from middle-to-higher income cohorts, are offsetting core customer struggles, making DG more resilient and countercyclical. Financial results are improving with growing sales, better gross margins, and increasing cash flow which they are using to reduce debt.