Why Dollar General Stock Soared Today
Shares of Dollar General (NYSE: DG) were up on Thursday. The company's stock gained 6.8% as of market close but was up as much as 8.4% earlier in the day. The leg up comes amid broader market weakness, with the S 500 (SNPINDEX: ^GSPC) down 1.4% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) down 2%.
The discount retailer reported mixed earnings, but set guidance for 2025 that exceeded Wall Street's targets.
Dollar General reported its Q4 numbers on Thursday. The company posted earnings per share (EPS) of $0.87 on $10.3 billion in sales. Wall Street was expecting $10.26 billion. Revenue for the full year came in at $40.61 billion, up nearly 5% from last year's $38.69 billion.
Source Fool.com
