Reported 1 day ago
Dollar General, the largest discount retailer in the U.S. with over 20,000 stores, has faced significant challenges leading to a 71% drop in stock since its peak in 2022. Despite these hurdles, the company is pursuing a 'Back to Basics' strategy focused on improving profitability through better inventory management, enhanced customer experiences, and store remodels. If successful, Dollar General could see a modest growth in revenue of 15%-20% over the next three years and improve its operating margins, potentially setting the stage for a stock recovery.
Source: YAHOO