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 on Tuesday raised its annual sales forecast after its quarterly results topped estimates, as still-high inflation and tariffs-led economic uncertainty drove consumers to its stores for affordable everyday essentials.

Target slashed its annual sales forecast on Wednesday, after a surprisingly sharp fall in quarterly same-store sales, as customers pulled back on discretionary purchases due to ongoing worries about inflation and the economy due to U.S. President Donald Trump’s trade war.