Dollar General Q1 results came in softer than expected, as Dollar General’s core consumers continue to cut back on discretionary spending. The company plans to scale back on new store openings and pOpshelf expansion. Check out MPG’s Dollar General Q1 2023 Earnings Recap for a quick summary and our takeaways.
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KEY TAKEAWAYS
Q1 results came in softer than expected
Consumables drove to the same store sales growth this quarter, as consumers continue to cut back on discretionary spending
As a result of Q1 earnings, Dollar General is planning to scale back on new store openings for 2023