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Dollar General appoints former chief executive Todd Vasos as CEO; shares rise

© Reuters.

Investing.com — Dollar General said Thursday it had appointed former Chief Executive Officer Todd Vasos as CEO of the company. 

Vasos, a current board member, was previously CEO from June 2015 to November 2022. 

The retailer said it now expects net sales growth in a range of 1.5% to 2.5% for fiscal 2023 from prior estimates of 1.3% to 3.3% previously, while EPS was lowered to a range of $7.10 to $7.60 from $7.10 to $8.30 previously.  

Dollar General Corporation (NYSE:) was up 7% in afterhours trading following the news.

 

 

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