Dollar Tree and Dollar General sales soar despite pandemic fears forcing customers to limit shopping trips

Dollar Tree and Dollar General sales soar despite pandemic fears forcing customers to limit shopping trips

Consumers are continuing to shop at dollar stores as the coronavirus pandemic rages on. Both Dollar Tree and Dollar General reported strong earnings on Thursday, as a result.Dollar Tree “” which also owns Family Dollar “” saw a surge in discretionary spending in its latest quarter.Meanwhile, Dollar General continues to boost its fresh grocery capabilities as it focuses on expansion.Visit Business Insider's homepage for more stories.

Even as coronavirus fears prompt consumers to rethink their shopping strategies, dollar-store giants Dollar Tree and Dollar General continue to win over deal seekers.

Both chains posted second-quarter earnings results on Thursday. Dollar Tree reported a 3.1% increase in year-over-year same-store sales, while subsidiary Family Dollar saw comparable sales climb 11.6%. Combined, the Virginia-based retailer's net sales increased 9.4% to $6.28 billion. Tennessee-based Dollar General's same-store