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Dollar storesReuters
•78% Informative
Dollar Tree joined main rival Dollar General in cutting annual forecasts after missing quarterly estimates.
Shares of the company, which have lost nearly half of its value so far this year , were down about 14% in premarket trading.
Dollar stores have struggled to attract shoppers as bigger rivals such as Walmart , Target and PDD Holding's ecommerce platform Temu compete for customers.
VR Score
88
Informative language
95
Neutral language
44
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formal
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English
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56
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Attention-grabbing headline
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not detected
Time-value
short-lived
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