Dollar General set a quarterly sales record and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores amid economic.
Dollar General set a quarterly sales record and upgraded its annual profit and sales outlook as Americans tighten their budgets and spend more at bargain stores amid economic uncertainty. The US economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Trump’s trade wars dented spending by businesses. Consumer spending slowed sharply. But for the period ended May 2, Dollar General’s sales climbed 5%, to $10.44 billion from $9.
