Edition:
India

Dollar General Expects Pressures On Gross Margins To Continue In H2 - Conf Call


Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Dollar General Corp ::DOLLAR GENERAL- PROFIT FORECAST INCLUDES IMPACT OF INCREASING TRANSPORT COSTS, CONTINUED MIX PRESSURES, INVESTMENTS IN LONG TERM GROWTH INITIATIVES.DOLLAR GENERAL EXPECT TO SEE PRESSURES ON GROSS MARGINS TO CONTINUE IN THE SECOND HALF OF THE YEAR- CONF CALL.DOLLAR GENERAL ON TARIFFS- WE ARE CAREFULLY WATCHING POTENTIAL FOR NEW HEADWINDS TO DEVELOP, PARTICULARLY AROUND TARIFFS - CONF CALL.DOLLAR GENERAL - OUR MERCHANTS, GLOBAL SOURCING TEAMS WORKING CLOSELY WITH VENDOR PARTNERS TO IDENTIFY OPPORTUNITIES TO MITIGATE IMPACT OF TARIFFS.DOLLAR GENERAL CEO- RISING FUEL PRICES, POTENTIAL LOSS OR REDUCTION OF GOVERNMENT BENEFITS MAY WEIGH ON CORE CUSTOMERS' OUTLOOK.DOLLAR GENERAL ON TOYS 'R' US LIQUIDATION- SEEING SOME BENEFITS FROM A COMPETITOR THAT'S NO LONGER WITH US.