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Dollar General Just Delivered One of the Most Shockingly Awful Quarters in Retail

Dollar General (DG) was sure walloped by a range of factors during a surprisingly bad third quarter.

The dollar store reported Thursday that earnings came in at 84 cents a share, falling well short of Wall Street forecasts for 93 cents a share. Net sales rose 5% from the prior year to $5.32 billion, missing analysts estimates for $5.37 billion. The sour news didn't stop there, however.

Dollar General's same-store sales, a key retail measure that reflects sales at stores open more than a year, dropped 0.1%. Wall Street...