Consumer

Dollar Tree Boosts Outlook as Consumers Keep Hunting for Deals

Dollar Tree has drawn more deal-seeking shoppers as inflation pressures have Americans watching their spending.

Photographer: Frederic J. Brown/AFP/Getty Images

Dollar Tree Inc. said that profit for the current quarter would be little changed as the lift from price hikes to offset tariffs wanes.

The company raised some prices earlier this year to combat looming US levies on imported goods. But now that they are in place, that benefit will dissipate, leaving adjusted earnings this quarter similar to a year ago.