Walgreen WAG, Dollar General DG and Express EXPR all reported higher quarterly profits Tuesday morning, with Dollar General and Express both beating Wall Street consensus earnings estimates. With news like this, it may be beneficial for an investor to take a closer look at the retail sector.
Granted, Walgreen did not impress Wall Street, and shares fell more than 7%. Express and Dollar General, however, are reaping the benefits with Express trading up over 5% and Dollar General enjoying a 3% upswing. Both companies opened trading up in the markets Tuesday
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