This should bode well for DG.

'Walmart Inc. raised its annual profit forecast for the second straight quarter after scoring new sales gains with bargain-hunting US shoppers.
Grocery revenue continued to climb and Walmart's general merchandise business, while still soft, was stronger than the company expected at the beginning of the second quarter, said Chief Financial Officer John David Rainey. The retailer is also still benefiting from stepped-up demand among higher-income customers, and e-commerce jumped 24% in the US.
'We're gaining share and our value proposition continues to resonate, both for value and convenience,' Rainey said in an interview Thursday as Walmart reported results for the three months ended in late July. 'The consumer is still spending, but they're being discerning in their spending.''

https://archive.ph/c0olX#selection-4853.0-4867.123

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