New York CNN —

Most US retailers are struggling from President Donald Trump’s tariffs. Dollar General could actually benefit.

The company said Tuesday that sales at stores open for at least a year had increased 2.4% last quarter. The discount chain also raised its profit forecast for the year.

“We are uniquely well-positioned to serve our customer in a variety of economic environments,” Dollar General CEO Todd Vasos said in a news release.

The Trump administration’s trade policies have stoked uncertainty, raised fears of higher inflation and driven down consumer sentiment to some of the lowest levels on record. Discount stores such as Dollar General tend to gain during periods of economic strain as shoppers tighten their belts.

Dollar General said it had gained market share from c

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