Dollar General

[Jolly]

If their business is down...

https://www.aol.com/finance/dollar-general-ceo-says-financially-150606334.html

[Mik]

That's bad. Dollar General is normally not very close to big box retailers.

[taiwan_girl]

The discount store operator and rival Dollar Tree have been losing budget-conscious shoppers to Walmart, Target and China-based e-commerce platform Temu, which offer low-priced home goods, apparel and seasonal items. Walmart and Target each raised their full-year profit forecasts earlier this month.

To take the "glass half full" approach, a better economy is causing shoppers to "move up" from Dollar General to Walmart and Target.

[Jolly]

Darling, you're full of it.

There is a reason Dollar General has done well in rural communities , especially poor ones.

Think some more and get back to me.

[taiwan_girl]

Dollar General’s core customer base, which contributes about 60% of overall sales, comprises households earning less than $35,000 annually.

“While middle and higher income households are seeking value as well, they don’t claim to feel the same level of pressure as low-income households, as customers have felt more pressure on their spending,” CEO Todd Vasos said on a post-earnings call.

Interesting

[George K]

[Jolly]

I think Ollie's is the leader in that market right now.

[89th]

Told ya'll to buy some TJX. Discounted clothes (TJ Maxx, Marshall's, etc...) from excess inventory and/or inflation-driven consumers. Been steadily going up for a while, and about 200% up since the pandemic dip when I told ya to BUY BUY BUY!

[Horace]

So you if you timed TJX pandemic dip perfectly, you'd have had a triple, marginally better than a perfectly timed buy of AAPL.

[Mik]

My AAPL has done just fine. Buy good stocks and hold them. Timing the market is not for the average investor.

[xenon]

Interesting… Walmart was up last time they reported.