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Stock impact report

Dollar General: 3 Reasons Why The Selloff Is Not Justified [Seeking Alpha]

Dollar General Corporation (DG) 
Last dollar general corporation earnings: 3/12 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/dollar
Company Research Source: Seeking Alpha
Justin SullivanDollar General Corporation (NYSE:DGThe company's stock has been performing well in 2022, despite the challenging macroeconomic environment. Year-to-date, the Dollar General stock price hasincreased by about 2%, despite the significant selloff earlier this week.Data byYChartsThe selloff earlier this week has been induced by thelatest quarterly earningsIn our opinion, the earnings might have been interpreted too pessimistically and, therefore, we believe the selloff is not justified. Let us take a look now at three highlights from the earnings report, which we believe are showing Dollar General Corporation's strength currently and in the near future.1. Revenue growthDespite the challenging macroeconomic environment, DG has achieved a more than 11% increase in net sales, reaching as much as $9.5 billion in the third quarter. New store openings and same-store sales growth have both positively contributed to the net sales growth, while store closures have had an offsetting i Show less Read more
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