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Business & Finance

Dollar Chains Give Diverging View on Pressured Retail Sector

Key Points

Dollar-store chains provided different takeaways on the state of the US retail sector that’s facing increasing economic challenges. At Dollar Tree Inc., the company mostly met Wall Street expectations last quarter and left its sales growth outlook for the year unchanged. Dollar General Corp. lifted its view for annual revenue after a quarterly sales beat.

Dollar-store chains provided different takeaways on the state of the US retail sector that’s facing increasing economic challenges. At Dollar Tree Inc., the company mostly met Wall Street expectations last quarter and left its sales growth outlook for the year unchanged. Dollar General Corp. lifted its view for annual revenue after a quarterly sales beat. Bloomberg's Redd Brown joins to discuss. (Source: Bloomberg)
Diverging View (PERSON) US (LOCATION) Dollar Tree Inc. (ORG) Dollar General Corp. (ORG) Bloomberg (ORG) Redd Brown (PERSON)
Originally published by Bloomberg Markets Read original →