Is There a Winner among Dollar Store Stocks? Tue., March 14, 2023 Share Share Previous VideoAll VideosNext VideoDetailsGuestsDollar stores have been a big winner as consumers change their spending habits to combat record-high inflation. Not only can consumers find brand-name items for less, but they also can find a growing number of private-label brands. As a result, revenue and #earnings for many of these stores rose sharply in 2021 and most of 2022. But recent earnings reports are showing that even dollar stores are being affected by inflation. First, companies are facing higher labor costs. And second, many of the leading dollar stores are committed to a path of expansion. And as Chris Markoch expands on with Laycee Kluin of MarketBeat, that means while it may be a good time to shop at dollar stores, it may not be as profitable to invest in one of the stocks right now.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioConsensus RatingConsensus Price TargetDollar General (DG)3.0142 of 5 stars$206.01+0.1%1.07%19.29Moderate Buy$248.75Dollar Tree (DLTR)3.0614 of 5 stars$138.73+1.0%N/A19.24Moderate Buy$166.80 Compare These Stocks Add These Stocks to My Watchlist Don't Miss a VideoSubscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decision by providing real-time financial data and objective market analysis.Subscribe on YouTubeChris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Recent VideosInvesting in Cybersecurity Stocks: The AI AdvantageIs Pfizer Stock a Buy or Sell After Recent Dip? PFE Stock AnalysisMarch Madness Betting is Booming: Will DraftKings Stock Follow Suit? 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Tue., March 14, 2023 Share Share Previous VideoAll VideosNext VideoDetailsGuestsDollar stores have been a big winner as consumers change their spending habits to combat record-high inflation. Not only can consumers find brand-name items for less, but they also can find a growing number of private-label brands. As a result, revenue and #earnings for many of these stores rose sharply in 2021 and most of 2022. But recent earnings reports are showing that even dollar stores are being affected by inflation. First, companies are facing higher labor costs. And second, many of the leading dollar stores are committed to a path of expansion. And as Chris Markoch expands on with Laycee Kluin of MarketBeat, that means while it may be a good time to shop at dollar stores, it may not be as profitable to invest in one of the stocks right now.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioConsensus RatingConsensus Price TargetDollar General (DG)3.0142 of 5 stars$206.01+0.1%1.07%19.29Moderate Buy$248.75Dollar Tree (DLTR)3.0614 of 5 stars$138.73+1.0%N/A19.24Moderate Buy$166.80 Compare These Stocks Add These Stocks to My Watchlist Don't Miss a VideoSubscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decision by providing real-time financial data and objective market analysis.Subscribe on YouTubeChris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video