Bernstein Analyst Brandon Fletcher argues the Dollar General retailer may not be the best investment option, despite its expansion through pricier Popshelf stores.
Yahoo Finance Live anchors discuss Ford outselling General Motors when it comes to electric vehicles, Boeing stock soaring after China cleared the 737 Max for flight, and Dollar General stock dipping after reporting earnings.
Shares of modern day five-and-dime super-chain Dollar General (NYSE: DG) slipped lower on Thursday, down 3.3% as of 12:45 p.m. ET despite beating projections on third-quarter earnings this morning. Analysts had forecast Dollar General would earn $2.01 per share on sales of just under $8.5 billion in fiscal Q3. Rising operating costs, however, resulted in a much bigger decline in operating profit margin -- down 160 basis points to 7.8% -- and net profit margin was somewhere in between -- down 130 basis points at 5.7%.