From Yahoo Finance: 2025-06-03 08:41:00

Dollar General achieved a record $10.44 billion in quarterly sales due to economic uncertainty, prompting Americans to shop at bargain stores. The U.S. economy shrank 0.2% in Q1, attributed to President Trump’s trade wars impacting business spending. Dollar General exceeded sales expectations, with a 5% increase to $10.44 billion, surpassing Wall Street’s estimate of $10.29 billion.

Despite a 0.3% drop in customer traffic, Dollar General saw a 2.4% increase in sales at stores open for at least a year. Shares of Dollar General rose by more than 10%, while Dollar Tree’s shares also increased by 4%. Dollar General’s earnings of $1.78 per share exceeded Wall Street’s prediction of $1.47 per share.

Dollar General remains cautious about the impact of tariffs on its business and customers for the rest of the year. Lower-income Americans are more vulnerable, prompting consumers to trade down to bargain chains. Dollar General projects 2025 earnings to range from $5.20 to $5.80 per share, with analysts expecting earnings of $5.61 per share. Sales are expected to climb by 3.7% to 4.7%.



Read more at Yahoo Finance: Dollar General posts record sales as bargain stores attract more people anxious about the economy