Dollar General executives note changing consumption habits of high-income households
DG Dollar General Corp
$136.68 +2.19%
View chart & analysis → - 1Dollar General executives told investors that high-income households are exhibiting habits similar to low-income households.
- 2Households with annual incomes over $100,000 are behaving similarly to low-income households.
- 3High-income households are showing consumption habits similar to low-income households.
So what's the key point?
Even people who earn a lot of money are now consuming like low-income groups. For Dollar General, this means customer spending patterns have become more similar.
Source The Motley Fool +1 · View original ↗
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