Dollar General Lifts Annual Targets on Strong Demand for Affordable Essentials
Dollar General raised its annual sales and profit forecasts on Thursday, banking on steady demand from cost-conscious consumers across income brackets in the United States amid tariff and inflation concerns.
The company's shares rose about 6% in premarket trading and are up nearly 47% so far this year, as investors bet on demand for its more affordable goods - about 2,000 items priced at or below $1 - to help sidestep broader retail weakness.
"The dollar stores have seen customers shopping more frequently this year as they seek value...
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