- Zoom: +69.06%
- Netflix: +24.97%
- Facebook: -5.47%
- Snapchat: -29.25%
- Uber: -41.97%
- Peloton: -61.61%
- Robinhood: -74.68%
That same month, Dollar Tree’s executive chairman, Rick Dreiling, made clear on his company’s own earnings call that it was similarly well-positioned to thrive in the worsening economy.“We knew that the consumer was going to get tighter in 2022, just because of the lack of stimulus compared to last year. But I would tell you that because of other pressures, more inflation coming through on her everyday needs as well as that fuel that I talked about, has quickened the pace a little bit. So we believe that she’ll flee even further to value as she moves into the back half of the year, especially as she gets to that holiday time frame, I believe that you’ll see that. So we’re very prepared for that. The last thing I’ll also mention that shows us that she is starting to move that way a little quicker is, one is, she’s coming more often in those basket, unit sizes are a little bit smaller. That’s the true sign and also the $1 price point that we are really pushing and getting behind has really accelerated as well, and we’re seeing that. So that would tell you that she’s trying to make ends meet, and we’ll be there for her because that’s what we do best.”