Dollar General (NYSE: DG) and Dollar Tree (NASDAQ: DLTR) were featured in a recent analysis report discussing the increase in consumer demand for discount retailers during the quarantine. The report, written by LikeFolio Founder Andy Swan, reads, “Purchase Intent surged more than 100% for discount retailers Dollar Tree (DLTR) and Dollar General (DG) in 20Q1, and both companies beat earnings expectations handily. This quarter, the demand dust is settling. Check out the Purchase Intent and Consumer Happiness breakdown on the chart below. Consumer demand is stronger for Dollar General, boosted by its rural presence and focus on grocery, household products vs. novelty-tilted Dollar Tree. While Dollar Tree maintains a lead in Consumer Happiness, sentiment for its Family Dollar brand is suffering, registering 53% positive. Will these discount retailers will be able to meet investor expectations after a previous surging demand?”
About Dollar General Corp.
Dollar General Corp. has been delivering value to shoppers for more than 80 years through its mission of Serving Others. Dollar General helps shoppers Save time. Save money. Every day!(R) by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. Dollar General operated 16,720 stores in 46 states as of July 31, 2020. In addition to high-quality private brands, Dollar General sells products from America’s most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo. Learn more about Dollar General at www.DollarGeneral.com.
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