The Zhitong Finance App learned that as consumers from all income groups in the US increasingly turn to its stores to buy affordable groceries, clothing, and home improvement products, US discount retailer Dollar Tree (DLTR.US) announced better-than-expected second-quarter results on Wednesday and raised its full-year sales and profit expectations. However, the company is pessimistic about the outlook for the third quarter. As of press release, US stocks fell nearly 5% before the market on Wednesday.

The Zhitong Finance App learned that as consumers from all income groups in the US increasingly turn to its stores to buy affordable groceries, clothing, and home improvement products, US discount retailer Dollar Tree (DLTR.US) announced better-than-expected second-quarter results on Wednesday and raised its full-year sales and profit expectations. However, the company is pessimistic about the outlook for the third quarter. As of press release, US stocks fell nearly 5% before the market on Wednesday.