Markdowns Hit Dollar General Q1 Margins

Quarterly profits at Dollar General came in below expectations as the retailer took a hit on margins and marked down some items to serve shoppers challenged by rising gas and commodity prices.

GOODLETSVILLE, Tenn. — Quarterly profits at Dollar General came in below expectations as the retailer took a hit on margins and marked down some items to serve shoppers challenged by rising gas and commodity prices.

The retailer said sales for the fiscal first quarter, which ended April 29, improved 10.9% to $3.45 billion, while net income climbed 15% to $157 million, or 48 ce

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