March 14 (Reuters) - Dollar General ( DG ) joined rival
Dollar Tree ( DLTR ) in projecting annual profit below Wall
Street estimates on Thursday, in a sign that higher costs as
well as a shift in customer spending towards lower-margin
consumables weighed on its margins.
The discount retailer expects 2024 profit between $6.80 and
$7.55 per share. Analysts' on average estimate profit to grow to
$7.55 per share, according to LSEG data.