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Dollar General DG reported a 14% rise in its third-quarter profit.
Dollar General's quarterly profit surged to $237.4 million, or $0.74 per share, versus a year-ago profit of $207.7 million, or $0.62 per share. Its adjusted earnings surged to $0.72 per share versus $0.63 per share.
Its revenue climbed to $4.4 billion from $4.0 billion. However, analysts were projecting earnings of $0.70 per share on revenue of $4.4 billion. For the full year, Dollar General lifted the lower end of its earnings forecast to $3.18 to $3.22 per share, versus its earlier forecast of $3.15 to $3.22 per share.
Equities Trading UPShares of Dollar General DG got a boost, shooting up 4.93 percent to $59.15 after the company reported a 14% rise in its third-quarter profit. Mattress Firm Holding MFRM was also up, gaining 13.03 percent to $38.70 after the company reported upbeat Q3 results and issued a strong FY14 earnings forecast.
Equities Trading DOWN
Shares of Francesca's Holdings FRAN were down 9.45 percent to $16.39 after the company reported issued a weak Q4 forecast.
Aeropostale ARO was down, falling 2.03 percent to $9.17 after the company posted a loss in the third quarter.
CommoditiesSilver traded down 2.72 percent Thursday to $19.29, while copper fell 0.75 percent to $3.22.
EurozoneEconomics
U.S. jobless claims declined by 23,000 to 298,000 in the week ended November 30, from a revised 321,000 in the earlier week. However, economists were projecting claims to increase to 320,000.
U.S. factory orders declined 0.90% in October, versus economists' expectations for a 1.00% drop.
Data on money supply will be released at 4:30 p.m. ET.
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