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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: luxmain   😊 😞
Number: of 15062 
Subject: Re: DG Earnings...not pretty
Date: 08/31/2023 8:03 AM
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DG currently $131-132 in premarket, roughly 16-17% drop.

I think this could have been anticipated; DLTR dropped around 13% instantly last week on similar news, and DG only dropped 3% at the time. Also similar bad news from several other US retailers re: shrinkage/shoplifting.

> At least the compnay didnt buy back any shares last quarter...

Buying back when the price is high, then being unable/unwilling when the price is low, is surely a bad thing.

lux
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