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Dollar General Earnings Meet Expectations, but Revenue Disappoints

Dollar General (DG) posted second-quarter earnings in line with expectations as revenue fell below Wall Street forecasts. It reiterated its full-year guidance.

The Goodlettsville, Tenn.-based discount retailer said it earned $1.08 per diluted share in the second quarter, compared to 95 cents a share a year earlier.

Analysts had been expecting earnings of $1.09 a share.

Second-quarter sales rose by 5.8% to $5.39...