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Dollar General's stock surged over 10% after exceeding first-quarter expectations, reporting $1.78 EPS versus the anticipated $1.48 and $10.44 billion revenue against the projected $10.31 billion. The company raised its full-year outlook, citing increased sales from middle- and higher-income shoppers seeking value amid tariff concerns. CEO Todd Vasos attributed this to successful cost-cutting measures and reduced reliance on Chinese imports. Despite a slight dip in customer traffic, higher average transaction amounts boosted sales. Dollar General also highlighted improvements in workplace safety and customer experience.

Prepared by Christopher Adams and reviewed by editorial team.