2024 Total Returns...

There could be several reasons for this divergence:

Walmart’s Strong Market Position: Walmart likely benefited from its broad customer base, robust supply chain, and ability to adapt to consumer needs in uncertain economic times. It also offers a variety of product ranges, attracting both budget-conscious and higher-end customers.

Discount Retailers Facing Challenges: Dollar General, Dollar Tree, and Five Below may have faced increased pressure from rising costs, supply chain disruptions, and lower consumer spending in their target markets, impacting their margins and returns.

Big Lots' Struggles: Big Lots, in particular, may have faced severe operational challenges, including supply chain issues, poor demand, or rising debt burdens, leading to its dramatic drop in returns.