Dollar Tree Boosts Outlook as Shoppers Continue to Seek Value

Dollar Tree DLTR 2.61%increase; green up pointing triangle is the latest retailer to raise its full-year profit outlook, as U.S. consumers remain resilient and willing to spend across categories.

“Today, we serve an increasingly broad spectrum of shoppers, from core value-focused households to middle- and higher-income shoppers who are making deliberate choices about how and where they spend,” Chief Executive Mike Creedon said on a call with analysts Wednesday.