Dollar General Earnings Show Changes in Paycheck-to-Paycheck Spend
GMGM(US:GM) PYMNTS.com·2024-05-30 23:58

As a pulse check on the paycheck-to-paycheck consumer, Dollar General’s most recent Q1 earnings showed that one of the economy’s most closely watched demographic groups is still undergoing changes. By posting better-than-expected revenue, the 19,000-store chain showed more consumer visits compared to 2023, but a lower average spend as pricing pressures took their toll on consumer wallets.  “She [the Dollar General shopper] does indicate that inflation has slowed down but she keeps pointing out that the infl ...