Dollar General Seen Getting a Boost from Lower Gas Prices

Dow Jones07-13 23:56

1156 ET - Dollar General's outlook could be conservative given a recent downturn in gas prices, JP Morgan analysts say in a note after meeting with the company's management. The discount retailer's full-year outlook for same-store sales growth of 2.2% to 2.7% assumes low-income consumers will continue to come under pressure from high gas prices, and increasingly shift toward $1 items, the analysts say. However, lower gas prices could provide additional dollars for those consumers to spend during the summer, and potentially for another one to two quarters out, the analysts say. That trend would provide upside to both the company's outlook and Wall Street's estimates, the analysts say. Shares rise 4.4%. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

July 13, 2026 11:56 ET (15:56 GMT)

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However, lower gas prices could provide additional dollars for those consumers to spend during the summer, and potentially for another one to two quarters out, the analysts say. That trend would provide upside to both the company's outlook and Wall Street's estimates, the analysts say. Shares rise 4.4%. 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