Dollar General sees annual same-store sales at top end of forecast

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(Reuters) -Dollar General Corp said on Thursday it expects annual same-store sales at the higher end of its forecast, encouraged by strong demand for cheaper groceries and household essentials from budget-conscious shoppers amid stubbornly high inflation.

The company had forecast annual same-store sales growth of 4% to 4.5%. Analysts on average were expecting an increase of 4.13%, according to Refinitiv IBES.