More Middle- and High-Income Earners Are Turning to Dollar General, CEO Says
1. Dollar General attracts more middle- and high-income customers than in four years. 2. A quarter of surveyed customers reported reduced income over the past year. 3. Dollar General's stock rose 16% after beating quarterly expectations. 4. CEO emphasizes value proposition amid financial stress of core lower-income shoppers. 5. Competitors like Ollie's and Dollar Tree face signs of consumer stress.