Dollar General reported first-quarter earnings results on Thursday. Same-store sales surged, far outpacing its rivals including Walmart and Target.
Analysts say the company was uniquely positioned to grow at a faster pace because it has stores in predominantly rural and urban areas.
“Many households were reluctant to travel too far and some were nervous about visiting big box stores where it is very difficult to reduce dwell time,” one analyst said.
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Dollar General reported blockbuster first-quarter earnings results on Thursday.
Same-store sales surged by 21.7% during the quarter and net sales were up 27.6%, far outpacing both its rival dollar store chains and grocery and big-box leaders such as Walmart and Target. See the rest of the story at Business Insider
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