Dollar General posted a record first-quarter revenue of $10.44 billion, beating Wall Street estimates. According to The Street, it raised its guidance, making it one of the few retailers. CEO Todd Vasos said the company saw increased spending from new, higher-income customers seeking value. Dollar General reported the highest percentage of customer trade-ins in four years, with new shoppers making more frequent trips and allocating more to discretionary items. Vasos emphasized the retailer’s resilience amid trade tensions, noting reduced dependence on Chinese imports and diversified sourcing. Analyst Chuck Grom upgraded the stock to “accumulate,” citing strong execution and tariff insulation. The OECD’s downgraded U.S. growth forecast and continued inflation concerns highlight growing economic pressures, but Dollar General aims to retain its expanded customer base by focusing on value and adaptability.
