CEO Todd Vasos said the company has worked to reduce its exposure to China — and limit price hikes for shoppers.

Dollar General’s stock was soaring as the discount retailer attracts more higher-income customers, while its core lower-income customers remain “financially constrained.”

Shares of Dollar General (DG) jumped in premarket trading Tuesday after the discount retailer posted better-than-expected first-quarter results and lifted its full-year outlook. Dollar General reported earnings per share (EPS) of $1.