Dollar General News
Dollar General Corporation was a winner within the services sector, rising $0.55 (1.0%) to $55.43 on light volume
Shares of Family Dollar Stores slipped 1.9% on April 11 to hit a 52-week low of $55.69, primarily driven by dismal second-quarter fiscal 2014 results on the previous day.
It's more one sign that workers are getting poorer. That hurts the wealthy, too.
The retailer blames poor results on bad weather and a short quarter, but experts see deeper problems.
Family Dollar posted second-quarter fiscal 2014 earnings of 80 cents a share that missed the Zacks Consensus Estimate of 90 cents, and plunged approximately 34% from $1.21 delivered in the prior-year quarter.