Business

Dollar General narrows annual sales forecast

FILE PHOTO: A person exits a Dollar General store in Mount Rainier, Maryland
FILE PHOTO: A person exits a Dollar General store in Mount Rainier, Maryland, U.S., June 1, 2021. REUTERS / Erin Scott / File Photo

December 2, 2021

(Reuters) – Dollar General Corp narrowed its full-year revenue forecast on Thursday, as a return to consumer appetite for discretionary items helped counter easing demand for groceries.

The company now expects fiscal 2021 net sales to grow between 1% and 1.5%, compared with a previous forecast of a 0.5% to 1.5% increase.

(Reporting by Mehr Bedi in Bengaluru; Editing by Shinjini Ganguli)

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Bobby Allyn

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