In the eyes of investors, one of the most encouraging actions a company's management team can take is to confidently load up on its own shares.That's what happened late Wednesday with budget retailer Dollar Tree (DLTR 8.10%), and the market showed its gratitude by bidding the company's share price up more than 8%. This was a far more impressive performance than the S&P 500's (^GSPC 0.13%) 0.1% tilt into the black.The CEO made a big moveThe manager making the buys was no less than CEO Stewart Glendinning, wh ...

After years of struggling, discount retailing giant Dollar Tree Inc DLTR could be crafting a genuine comeback story. What's more, it's not just empty words. Serious money is flowing into DLTR stock, both in the open market as well as in the options arena, implying that the rally still has legs.The most conspicuous clue that the turnaround may be genuine comes courtesy of Stewart Glendinning, Dollar Tree's chief financial officer. Recently, the executive bought 17,000 shares of DLTR stock at a per-share pric ...

In this articleMNSTSJMHSYGISWMTDLTRShoppers at the Walmart Supercenter in Burbank in Burbank Thursday, Nov. 21, 2024.Allen J. Schaben | Los Angeles Times | Getty ImagesFor millions of low-income Americans — already rattled by the threat of tariffs and higher prices — changes to a program that helps with grocery costs could make life more expensive.House Republicans are seeking to cut $230 billion of the U.S. Department of Agriculture's budget over the next decade to pay for tax cuts. The Senate version of t ...

While stocks have righted themselves in the last week, there is still plenty of uncertainty to go around. With this in mind, it's worth noting that discount retailers were some of the only winners when everything fell apart. Since we're not quite out of the woods yet, here are some potentially recession-proof stocks to keep an eye on. Dollar Tree Inc (NASDAQ:DLTR) staged an extended bounce at the start of the tariff updates last month, though a point of pressure at the $80 level kept a cap on gains. Today, ...

Financial markets hate uncertainty. It can cause consumers to hold back their spending and businesses to delay their capital investments until they can forecast the future more accurately. The Trump administration's tariff announcement on April 2 served as a stark reminder of this concept as it sent global equities into a tailspin. Regardless of the potential viability of Trump's plan to bring manufacturing jobs back to the U.S., the administration's unpredictable decisions could put a shadow over the econo ...

Once the Monday morning bell rang on April 7, the S&P 500 index continued its Friday and extended session plunge, solidifying the fears the day would be akin to the Black Monday of 1987.In fact, at the stock market’s open, only a handful of major companies managed to hold at least somewhat in the green, and, for a time, only Dollar Tree (NASDAQ: DLTR) shares appeared like they’d see a rally on the day.Though the situation drastically changed with the rumor that President Donald Trump is considering a 90-day ...

The stock of Dollar Tree, Inc. DLTR is trading lower Friday. This follows yesterday's gain of more than 11%. The move was driven by the company's announcement that it will be selling its Family Dollar division.The stock could set up for a tradeable move. Traders are watching it closely. This is why our team of trading experts has made it the Stock of the Day.As you can see on the chart below, the move higher yesterday ended when the stock reached levels around $76.70. This has been resistance since Septembe ...

Dollar Tree TodayDLTRDollar Tree$73.93 -3.02 (-3.93%) 52-Week Range$60.49▼$137.14Price Target$83.42Add to WatchlistDollar Tree NASDAQ: DLTR just basked in the sun for the first time in a long time. On Mar. 27, shares of Dollar Tree rose by over 11%. This marks the first day since late May 2022 that the stock was up by over 10%. This big day comes after the retail company agreed to sell its deeply struggling Family Dollar segment for $1 billion. The company is losing billions on this sale after originally b ...

Core Viewpoint - Dollar Tree's shares have increased by 13% following the announcement of the sale of its Family Dollar business for $1.01 billion, despite missing both sales and earnings expectations in Q4 [1][2]. Group 1: Q4 Results - Dollar Tree reported Q4 sales of $4.99 billion, down from $8.63 billion in the same quarter last year, and missed estimates of $8.23 billion [2]. - The company posted Q4 EPS of $2.11, which was below expectations of $2.18 and down from $2.55 per share a year ago [2][3]. - The average surprise for the reported EPS was -3.21% for Q4 [3]. Group 2: Full-Year Results & Guidance - For fiscal year 2025, Dollar Tree's total sales fell 10% to $27.56 billion compared to $30.6 billion in FY24, with annual earnings down 13% to $5.10 per share from $5.89 in FY24 [3]. - The company expects Q1 sales to be in the range of $4.5-$4.6 billion, significantly lower than $7.63 billion in the prior year quarter, with projected Q1 EPS between $1.10-$1.25, below the Zacks Consensus of $1.46 [4]. - For FY26, Dollar Tree projects total sales of $18.5-$19.1 billion and EPS of $5.00-$5.50, which is below the Zacks Consensus of $5.94 [5]. Group 3: Analyst Reactions and Price Targets - Analysts have begun to raise their price targets for Dollar Tree following the sale of Family Dollar, with the current Average Zacks Price Target at $81.26, suggesting a 17% upside [7]. - The sale is expected to reduce operating costs, potentially leading to improved profitability in the future [8]. Group 4: Stock Performance - Following the earnings report, Dollar Tree stock has received a Zacks Rank of 3 (Hold), indicating a cautious outlook despite the recent rally [8].

Dollar Tree Inc DLTR posted better-than-expected fourth-quarter FY24 earnings on Wednesday.On Wednesday, the company reported fourth-quarter sales of $8.26 billion, beating the analyst consensus estimate of $8.24 billion. Adjusted EPS of $2.29 also beat the consensus estimate of $2.19.Dollar Tree reached an agreement today, under which Brigade Capital Management, LP (Brigade) and Macellum Capital Management, LLC (Macellum) will partner to acquire the company's Family Dollar business segment for $1.007 billi ...