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Dollar General reports customer finances worsening due to inflation, seeing only a 1.2% sales rise.
Dollar General, a retailer catering to low-income Americans, reported that its customers' financial situation has worsened due to ongoing inflation.
Sales at stores open for at least a year increased by only 1.2%, as fewer customers visited due to financial pressures.
CEO Todd Vasos noted that many customers can only afford basic essentials, with some having to sacrifice necessities.
The company also warned that tariffs on imported goods might lead to price increases, further straining customers' budgets.
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Dollar General informa que las finanzas de los clientes empeoran debido a la inflación, viendo sólo un aumento de ventas del 1,2%.