Dollar General profit surges 52%, lifts outlook
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Dollar General Corp. said Tuesday that its net income rose 52% as more customers shopped the discount store and spent more money when they did. The chain boosted its full-year profit outlook.For the period that ended in late July, the retailer earned $141.2 million. Excluding an early repayment of some long-term debt, the company earned $145.1 million. Last year, Dollar General posted net income of $93.6 million.Revenue of the quarter rose 10.8% to $3.21 billion. Same-store sales were up 5.1%.As previously announced, Dollar General plans to open 600 new stores and remodels or relocates another 500 stores in its
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