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News@lemmy.world · 2 months ago

Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers

cross-posted to:
economics@lemmy.world

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Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers

ByteOnBikes@slrpnk.net to

News@lemmy.world · 2 months ago

cross-posted to:
economics@lemmy.world

Dollar General shares crater 25% as retailer cuts outlook, blaming 'financially constrained' customers

The discount retailer slashed its guidance for full-year same-store sales and profit.

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Steve@communick.news
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2 months ago
I thought their entire business model intentionally targets financially constrained customers. Why is that a problem now?
- girlfreddy@lemmy.ca
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  2 months ago
  Because capitalism’s perpetual growth cornerstone demands profits increase exponentially.
  - bean@lemmy.world
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    2 months ago
    Yup. Can’t squeeze a rock for more water.

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