American consumers are "saving, saving, saving"! Dollar store giant Dollar General (DG.US) revised its fiscal year profit outlook upwards and exceeded expectations.

According to the Wisdom Finance APP, American discount store chain Dollar General (DG.US) reported third quarter earnings exceeding expectations as of October 31, and raised its annual profit forecast. The company is optimistic about the strong demand for its discount stores and is committed to cutting costs and reducing inventory-related losses. According to data collected by LSEG, earnings per share in Q3 were $1.28, a 44% increase year-on-year, compared to analysts' expectations of $0.95. Net sales in Q3 were $10.65 billion, slightly higher than the expected value of $10.64 billion. Q3 same-store sales increased by 2.5%, reflecting a 2.5% increase in foot traffic while maintaining the average transaction amount.