Dollar stores have also historically stood a better chance to weather out tougher economic conditions as consumers shop for cheaper goods at these outlets to stretch their budgets. The company now expects annual same-store sales growth between 1.5% and 2.5%, compared with its prior target of growth of about 1.2% to 2.2%.

Dollar General raised its annual targets after beating estimates for quarterly profit and same-store sales and said more consumers across income groups came in to shop at its stores amid tariff-related uncertainty and still-high inflation.