Are Dollar Stores a Good Place to Park Your Investment Dollars?
The last quarter has been particularly tough on retailers across America, as massive winter storms have walloped earnings for many such businesses across the board. Dollar stores such as Dollar General (NYSE: DG ) are no exception to this trend, as Dollar General recently revealed both earnings and sales misses in its last quarterly report.
Does this indicate that investors should consider competitors like Dollar Tree Stores (NASDAQ:DLTR ) or Family Dollar (NYSE: FDO ) , or should investors stay on the sidelines and refrain from investing in dollar stores altogether? I believe the three dollar stores in question all continue to provide a unique hedge against economic downturns and remain good investments in general, even though they recently missed quarterly projections.
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