What High Oil Prices Mean for Dollar Store Stocks Like Dollar General

Oil prices are surging and we know that high gas prices are bad for low-income consumers. So, what does this mean for dollar stores. Dollar General shares fell as much as 9% on Thursday after it reported slightly disappointing guidance for this fiscal year.Surging gas prices aren't always bad for dollar stores. If you look at the oil price shock of 2008, dollar stores initially took a hit to their sales as low-income consumers started getting squeezed by high gas prices. But sales really started picking up ...