Dollar General is "winning over higher-income earners".
a.k.a. nobody can afford basic necessities anymore and are shopping at dollar stores just to make ends meet. If high income earners are downgrading to shopping at Dollar General, where does that leave the low income earners? Are they just completely out of options at this point? Are we going to see the rise of Hooverville's once again in the late 2020's? God bless America, the richest country on Earth.
https://www.nbcnews.com/business/business-n...
Dollar General
DG
NYSE
IPO2009
about DG
Dollar General is a discount retailer offering a wide range of affordable everyday essentials, including groceries, household goods, clothing, and health and beauty products.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $104.06 | $104.80 | $103.49 | $22.98B | 660.81K |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| +$1.87 | 16.79 | 2.15 | 5.55% | 3.84% | 2.26% |
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