Dollar General Corp on Thursday forecast full-year profit well below expectations after cutting its earnings estimate for the all-important holiday quarter.
A customer enters a Dollar General Corp. store in Colona, Illinois, U.S., on Wednesday, Sept. 10, 2014. Dollar General Corp on Thursday forecast full-year profit well below expectations after cutting its earnings estimate for the all-important holiday quarter on heavy discounts, higher costs and inventory damage due to winter storm Elliott. Shares of the dollar store fell 6% in premarket trade. The company forecast fiscal year 2023 profit to rise between 4% and 6%. Analysts on average were expecting a 10.6% increase, according to Refinitiv IBES data. With U.S. consumer prices, rental housing…