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Dollar General plunges on Q2 miss and declining profit

4
In this article:

Dollar General (DG) stock has plummeted by over 25% in pre-market trading after the discount retailer missed its profit and revenue estimates for the second quarter. The chain also cut its full-year outlook, with CEO Todd Vasos citing "financially constrained" consumers as a major factor for the store's overall softening sales figures.

Brad Smith and Alexandra Canal break down the story.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.

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