->Food stamps benefits talked up by some retailers
Disappointing earnings reports from Dollar Tree (NASDAQ:DLTR) and Dollar General (NYSE:DG) have thrown a spotlight back on the reduced amount of benefits being paid out from the Supplemental Nutrition Assistance Program. While health care cost inflation is a major consideration for retailers with a high mix of low-income customers, the SNAP program factors in as well.
The issue has been used by executives in the retail sector sporadically in the past as an excuse/explanation for soft sales, but it has added significance in an election year. Both Donald Trump and Hillary Clinton have promised to improve the food stamp program, although in different manners.
The companies listed below talked about the impact of food stamps on their recent earnings conference calls.
SpartanNash Company Earnings Call Transcript
Alimentation Couche-Tard Earnings Call Transcript
Papa Murphy's Earnings Call Transcript
Dollar Tree Earnings Call Transcript
Dollar General Earnings Call Transcript
Related stocks: BIG, FIVE, WMT.
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