Dollar stores beat sales estimates
Dollar General and Dollar Tree surpassed quarterly sales estimates as budget-conscious consumers sought cheaper essentials. Dollar General raised its annual sales forecast and shares jumped.
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DOLLAR GENERAL CORP and DOLLAR TREE INC topped quarterly sales estimates on Thursday morning, driven by budget-conscious shoppers purchasing lower-priced essentials. The strong performance highlights shifting consumer habits amid economic pressures across the United States. Both discount retailers lifted their profit forecasts, benefiting from tariff refunds that helped fund price cuts on thousands of everyday items.
