Dollar Tree sales beat forecasts as shoppers spend more despite fewer visits

Dollar Tree reported quarterly profits above expectations and raised its full-year profit outlook, driven by lower transport costs offsetting higher tariffs and markdowns. Although store traffic declined 1% year-over-year, the average spending per shopper increased by 4.5%, continuing a trend of fewer visits but higher spending amid inflation. This pattern has persisted for three consecutive quarters, reflecting consumers' focus on bargains during economic pressure. The stock surged toward its best day in four years following the positive earnings report.