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- Dollar General Corp (NYSE: DG) was penalized $245,544 by the Occupational Safety and Health Administration (OSHA), a federal regulator under the Department of Labor, for violating workplace safety regulations and exposing workers to dangerous safety hazards, including blocked emergency exit routes and electrical panels.
- OSHA inspected a Dollar General store in Pennsylvania in November. It is one of more than 180 investigations where the regulatory body has found the company jeopardizing worker safety, generating $15 million in penalties since 2017.
- The company was reportedly in settlement talks with federal regulators after being accused of violating workplace safety rules.
- The discount retailer, which made $37.84 billion in sales in fiscal 2022, is not likely to be majorly impacted by the latest penalty fine, CNBC reported.
- The report cited a Dollar General spokesperson who said the company regularly reviews its safety programs through training and ongoing communication.
- Price Action: DG shares are trading flat at $211.85 on the last check Monday.
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DGDollar General Corp
$109.19-3.00%
Edge Rankings
Momentum
84.09
Growth
82.23
Quality
14.63
Value
52.57
Price Trend
Short
Medium
Long
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