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Former Dollar General CEO Vasos is back and Wall Street cheers. Shares of discount chain up sharply
Shares of Dollar General are up more than 7% before the opening bell Friday after the discount chain said Todd Vasos will be returning as CEO after a streak of disappointing quarterly profits. The company has also wrestled with a number of labor issues. In July a National Labor Relations Board judge said that Dollar General violated federal labor law and “clearly intended to interfere” with worker rights in efforts to quell unionization at a Connecticut store.
Source: yahoo.com
This Discount Retail Stock Is Overdue For A Turnaround
Dollar General (NYSE:DG) has a lot of items that sell for more than a dollar, but the company's products are nonetheless offered at cut-rate prices
Source: valuewalk.com
Dollar General shares jump as retailer brings back former CEO
Dollar General announced that it's bringing back its former CEO to help stabilize the business, which has faced several disappointing quarters and labor violations.
Source: foxbusiness.com
Dollar General brings back CEO, stock pops
Vasos replaces successor as board seeks someone to stabilize the business
Source: nashvillepost.com
Can Dollar General soar again under returning CEO Todd Vasos?
Todd Vasos had a successful first run, but triumphs for returning CEOs like Steve Jobs are rare
Source: qz.com
Dollar General Brings Back Its Former CEO and Shares Jump
Dollar General shares soared as the discount retailer brought back its former CEO while struggling to recover from its recent slump.
Source: investopedia.com
Dollar General Corporation Board of Directors Appoints Todd Vasos as Chief Executive Officer
Updates Financial Guidance for Fiscal Year 2023 ...
Source: marketscreener.com
Dollar General Stock Jumps as Former CEO Vasos Returns
Todd Vasos will head up the company again effective immediately, Dollar General said Thursday.
Source: marketwatch.com
Dollar General brings former CEO Todd Vasos back to lead the struggling retailer
Dollar General has brought back its former chief executive in an attempt to revive its struggling business. Vasos will replace Jeff Owen effective immediately. Owen was CEO for less than one year.
Source: cnn.com