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Dollar bet

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However, it only reiterated its earnings estimates. That's still far better than what's going on over at Dollar Tree. That discounter gave fiscal third-quarter revenue forecast that was a bit below consensus and issued an earnings estimate that was way below Street expectations. The reason for Dollar Tree's weaker outlook is price cuts it's taking at Family Dollar stores that will eat into margins.

So what's going on here? Dollar General said it's seeing plenty of customers visiting its stores to buy food and groceries. CEO Todd Vasos even touted its ability to gain market share of "highly consumable product sales. But the problem for Dollar Tree is that it has less exposure to the grocery business than Dollar General. Low-income consumers feeling the pinch The company's Dollar Tree stores have been adding more discretionary items like party supplies such as serving platters, paper plates and balloons as well as greeting cards.

The strategy hoped to take advantage of the increase in entertaining coming out of the pandemic. Instead, inflation has grown at year high pace and stimulus checks are no longer padding bank accounts. Bullshit, I'm sure he has it in number three. Gazillion Dollar Bet? What the hell, as if that car was yellow! How can we ever resolve that?

Mmm true. In this situation, the Gazillion Dollar Bet is void for it could never be truly resolved. Bets are often things such as; tackle a newspaper stand, eat 7 Texas sized jelly beans all at once, drop kick a parking sign, say something random to a stranger, or do just about any other ridiculous thing that comes to mind. Most often, even if the person carries out the bet the dollar is not exchanged.