Dollar Tree & Dollar General are outperforming Nvidia “by double digits still.”
Consumer Behavior - Consumers across all income levels are seeking better value due to factors like inflation and high interest rates [3] - Dollar Tree's CEO indicated that a majority of their new customers in the last quarter came from households with six-figure incomes, highlighting a shift towards value-seeking even among higher-income demographics [2] Retail Performance - Dollar Tree and Dollar General are outperforming Nvidia by double digits [1] Economic Indicators - The trend of consumers seeking value suggests a constraint on consumer spending and a loss of purchasing power [3]