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-0.000475141462571747 -0.00146861906613094 -0.00155500842296223 -0.00358515830849632 -0.00211653924236526 0.00099347760355932 0.00099347760355932 0.00099347760355932
Stock impact report

Why shoppers making six figures are giving Dollar Tree a boost [FOX Business Network]

Dollar Tree, Inc. (DLTR) 
Last dollar tree, inc. earnings: 3/4 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: dollartreeinfo.com/investors
Dollar Tree CEO Michael Creedon said this week that the chain continues to see a significant boost in traffic with 3 million more households shopping at its stores during the three-month period ending Nov. 1 compared with the same period a year earlier. Approximately 60% of those new customers were higher-income households – those earning over $100,000 – according to Creedon. About 30% were middle-income households – earning between $60,000 to $100,000 – and the rest were lower-income households, or those earning under $60,000. "Today, we serve an increasingly broad spectrum of shoppers, from core value-focused households to middle- and higher-income shoppers who are making deliberate choices about how and where they spend," Creedon said, adding that the data "demonstrates that Dollar Tree isn't just for tough times or for those with limited resources." He said higher-income households are trading down to Dollar Tree while lower-income households are relying on the company more Show less Read more
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