Comment on Dollar General and Dollar Tree soar after discount chains raise guidance as inflation drives wave of bargain hunters to stores

Dollar General and Dollar Tree soar after discount chains raise guidance as inflation drives wave of bargain hunters to stores

Dollar Tree raised its price point to $1.25 in 2021.Frederic J. Brown/AFP/Getty Images Dollar General and Dollar Tree shares surged Thursday after upbeat financial updates from the discount retailers. Dollar General raised its 2022 same-store sales view, and Dollar Tree increased its 2022 sales forecast. Wall Street has been worried about consumers who are facing higher prices for basic goods.

 

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