Similar Stories to Dollar General And Dollar Tree Soar After Discount Chains Raise Guidance As Inflation Drives Wave Of Bargain Hunters To Stores on Bing News

insider@insider.com (Carla Mozée), Business Insider
Thu, 05/26/2022 - 6:33am

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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