Categories AlphaGraphs, Earnings, Retail
Demand for affordable goods during COVID helps Dollar General in Q3: Infographic
Dollar General (NYSE: DG) reported third-quarter 2020 financial results before the regular market hours on Thursday. The discount store chain reported Q3 revenue of $8.2 billion, up 17% year-over-year, and higher than the Wall Street projection. Meanwhile, net income of $2.31 per share was much better than what analysts had anticipated.
DG shares fell 2.7% immediately following the announcement. The stock has gained 39% since the beginning of this year.
CEO Todd Vasos said in a statement, “We plan to award a total of up to $75 million in appreciation bonuses to eligible frontline employees in Q4, which includes our recent announcement to double our initial plans for second-half bonuses by approximately $50 million, bringing the company’s full-year investment in employee appreciation bonuses to approximately $173 million.”
Prior performance
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
