The top two U.S. discount store chains raised their full-year profit forecast on...
) rose 4%, after the companies also beat Wall Street estimates for quarterly same-store sales.
Dollar General said on Thursday it would be able to mitigate the impact of these tariffs, while its rival said it was working with suppliers to offset increased costs. Family Dollar-owner Dollar Tree predicted full-year profit between $4.90 per share and $5.11 per share, but said the forecast excluded the recent tariff hikes. Its previous range was $4.77 to $5.07.
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