Dollar General Has More Expansion in Store for Q2
Like many retailers, Dollar General (NYSE: DG) undoubtedly was relieved when President Trump delayed implementation of the next round of so-called List 4 tariffs. Because the leading dollar store sources much of its inventory from China, the large swath of goods that would have been covered by this new round of duties could have hit sales and earnings hard.
Dollar General and other companies have mitigated the impact of many of the previous tariffs by negotiating with suppliers and vendors. But the sheer breadth of products covered by the newest round would have had far-reaching effects.
With the company scheduled to report second-quarter earnings on Thursday, Aug. 29, let's see what its investors might expect.
Source Fool.com
