Dollar General’s core consumers are “always strained” due to their economic status but also resourceful, CEO Todd Vasos said.

Low-income Americans’ financial condition has gotten worse over the last year and more shoppers are going without basic necessities.

The company forecast fiscal 2025 profit of about $5.10 to $5.80 per share below estimates of $5.85, according to data compiled by LSEG. Its same-store sales growth target of 1.2% to 2.2% also came below estimates.

Tariffs and potential changes to government entitlement programs present potential further headwinds for core customers, said CEO Todd Vasos.

Dollar General (DG), often seen as a barometer for the economic health of value-conscious consumers, delivered mixed financial results in its latest earnings report, yet CEO Todd Vasos pointedly warned investors about deteriorating consumer conditions.