Dollar General's net income up 50%
Submitted by Satish Verma on Wed, 09/01/2010 - 13:43
Retailing shop, Dollar General Corp has said that for the quarter ending July, the net income of the company went up by 50 per cent.
This has been possible because of the rising consumer demand and that more and more customers began to spend more, says Dollar General.
Dollar General Corp. Posted Higher Than Expected Quarterly Profit
Submitted by Sarabjit Heera on Wed, 03/31/2010 - 19:27
According to Dollar General Corp., there was a 7 percent rise in the fourth quarter with more shoppers seeking bargain buys to make their dollar stretch further.
Beating 2008 sales growth of 9 percent, same store sales of Dollar General jumped 9.5 percent in 2009.
Strong Gains Recorded by Dollar General and rue21 in Debut Trading
Submitted by Sarabjit Heera on Sat, 11/14/2009 - 18:57
American retail chains Dollar General and rue21 recorded strong rise on their first trading day, post the IPO, on Friday. On the NY Stock Exchange, Dollar General surged 8.2% to a high price of $22.73, while rue21 climbed 27.9% to a per share price of $24.30 on Nasdaq. This has been the fourth-strongest Exchange debut by a US listed IPO for the current year.
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