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Dollar General Stock Rises After a Big Earnings Miss. What Has Wall Street Excited.
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Dollar General shared a solid long-term profit outlook while predicting continued hard times for its generally lower-income customer base and disclosing mixed results for its fiscal fourth quarter. The discount retailer’s earnings per share more than halved from a year earlier to 87 cents in the fourth quarter, which ended in January. Same-store sales increased 1.2% in the fourth quarter.
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