Dollar General raises annual profit forecast
Dollar General DG.N raised its annual profit forecast on Thursday, banking on its efforts to lower retail shrink and inventory-related damages coupled with resilient demand at its discount stores. The company expects annual earnings per share in the range of $6.30 to $6.50, compared with its earlier target of $5.80 to $6.30. (Reporting by Anuja Bharat Mistry and Sanskriti Shekhar in Bengaluru; Editing by Sriraj Kalluvila) ((Sanskriti.Shekhar@thomsonreuters.com))