Rich people are flooding dollar stores as Americans navigate a crushing affordability crisis [Fortune]
Dollar Tree, Inc. (DLTR)
Last dollar tree, inc. earnings: 3/4 07:30 am
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Source: Fortune
the third quarter, approximately 60% of those new customers came from households earning more than $100,000 a year .? ? The trend underscores a deepening split in the American economy. While cumulative inflation has pushed prices up roughly 25% since 2020, wage growth has not kept pace for most households, leaving consumers across the income spectrum hunting for deals. ? “Higher income households are trading into Dollar Tree, lower-income households are depending on us more than ever,” Dollar Tree CEO Michael Creedon Jr. told analysts on Wednesday . The Virginia-based chain, where 85% of sales during the quarter were priced at $2 or less, reported same-store sales growth of 4.2%.? Dollar General , the nation's largest dollar-store chain with nearly 21,000 locations, reported similar dynamics in its own earnings report this week. CEO Todd Vasos noted “disproportionate growth coming from higher-income households” in the third quarter, as same-store sales rose 2.5% on a 2.5% increa
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DLTR
News
- Dollar Tree (DLTR): Reassessing Valuation After Strong Q3 Beat and Upgraded Full-Year Outlook [Yahoo! Finance]Yahoo! Finance
- The Daily Money: What is Thriftmas? [USA TODAY]USA TODAY
- Earnings live: Mentions of 'AI' on earnings calls reach peak levels as Oracle gears up to report [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trump calls affordability a ‘Democrat scam' and ‘con job' — but nearly three-quarters of his voters think cost of living is bad or the worst ever [Fortune]Fortune
- Why Dollar Tree (DLTR) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
DLTR
Earnings
- 12/3/25 - Beat
DLTR
Sec Filings
- 12/3/25 - Form 10-Q
- 12/3/25 - Form 8-K
- 11/26/25 - Form 4
- DLTR's page on the SEC website