Dollar Tree reported disappointing second-quarter earnings and sales, citing pressure on middle- and higher-income customers. The discounter also cut its full-year guidance.
Nearly two-thirds of U.S. consumers say that high prices will impact their holiday spending, while a small chunk of consumers plan to delay holiday season celebrations.
Dick’s Sporting Goods reported a strong second quarter with earnings, sales and comps that topped Wall Street estimates amid growth in transactions and average ticket.