Dollar General Soars on Strong Sales and Upgraded Outlook

1 min read
Source: CNBC
Dollar General Soars on Strong Sales and Upgraded Outlook
Photo: CNBC
TL;DR Summary

Dollar General's shares surged over 10% after raising its outlook, driven by increased middle- and higher-income shoppers despite tariff fears. The retailer beat expectations with strong quarterly revenue and earnings, and plans to offset tariff impacts by reducing costs and sourcing from other countries. Its focus on value and expanding discretionary categories has attracted a broader customer base, including more affluent shoppers, helping it outperform other retailers affected by tariffs.

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