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Dollar General reports Q4 sales growth but lower profits due to inflation impacts on low-income shoppers.
Dollar General reported mixed fourth-quarter results, with sales growth but a significant drop in profits.
The company attributed the financial struggles to inflation and tariffs, which are hitting low-income customers hard.
Despite these challenges, Dollar General saw an increase in sales at stores open for over a year, driven by higher spending per trip, though customer traffic fell.
The company plans to close 141 stores and expects modest growth in sales and earnings for 2025, amid an uncertain economic climate.
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Dollar General reporta crecimiento de ventas Q4 pero menores beneficios debido a impactos de inflación en compradores de bajos ingresos.