Overview

• Dollar General's stock dropped over 30% following a disappointing earnings report and reduced financial outlook.
• CEO Todd Vasos attributed lower sales to financially constrained customers struggling with inflation and higher costs.
• The company observed weaker sales at the end of each month, indicating customers are running out of money before payday.
• Increased competition from Walmart, Target, and online platforms like Temu has further pressured Dollar General's market share.
• Dollar General has been criticized by labor groups for unsafe working conditions and inadequate employee support.