Dollar General CEO warns consumers are cash-strapped, and says 2025 won't be better
Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year.
Dollar General CEO warns consumers ‘only have enough money for basic essentials'
Tariffs and potential changes to government entitlement programs present potential further headwinds for core customers, said CEO Todd Vasos.
Dollar General warns low-income Americans’ finances are getting worse
Low-income Americans’ financial condition has gotten worse over the last year and more shoppers are going without basic necessities.
Dollar General stalls as its customers struggle financially
Dollar General's low-income consumer base is cutting back on spending — even on items thought of as necessities.
Dollar General warns that things are getting worse for consumers
Dollar General (DG), often seen as a barometer for the economic health of value-conscious consumers, delivered mixed financial results in its latest earnings report, yet CEO Todd Vasos pointedly warned investors about deteriorating consumer conditions.
Dollar General warns its customers face worsening financial situation
Dollar General (NYSE:DG) rallied on Thursday after the retailer's Q4 earnings was better than feared. Sales increased 4.5% year-over-year during the quarter to $10.3 billion. The sales increase was driven by positive sales contributions from new stores and growth in same-store sales,
Dollar General CEO flags alarming shift in customer behavior
However, Dollar General saw customer traffic in its stores dip by about 1% year-over-year. Its operating profit shrunk by ...
Dollar General forecasts muted 2025, says American shoppers are struggling
Dollar General joined a growing list of retailers warning of weak annual sales and profit, and said its consumers were ...
Dollar General says some customers can no longer afford basic necessities
Dollar General's core customer base of low-income Americans are still getting hit by inflation, with retailer seeing little improvement ahead.