Dollar Tree (DLTR) closed the latest trading day at $66.77, indicating a -0.06% change from the previous session's end. This move lagged the S&P 500's daily gain of 1.23%. On the other hand, the Dow registered a gain of 1.02%, and the technology-centric Nasdaq increased by 1.43%.Heading into today, shares of the discount retailer had lost 3.82% over the past month, lagging the Retail-Wholesale sector's gain of 0.58% and the S&P 500's loss of 0.54% in that time.Market participants will be closely following t ...

Dollar Tree CEO Rick Dreiling abruptly stepped down from his position at the helm of the beleaguered retail chain, citing health concerns as the reason for his resignation. "With my health presenting some new challenges over the past two months, the time is right for me to step away and focus on myself and my family," Dreiling said in a statement. Dreiling served as the discount retailer's chief executive since 2022. Analysts believed he played a key role in reviving the business. His last day on the job wa ...

Shares of discount retailer Dollar Tree Inc (NASDAQ:DLTR) are 4% higher in premarket trading, looking to open just below $70 after it announced CEO Rick Dreiling will step down after two years in the position. Chief operating officer Michael Creedon Jr. was tapped to serve as interim CEO, and the company also reiterated its guidance for the third quarter and commitment to reviewing its Family Dollar segment's strategic options.Analysts are weighing in following the news. Telsey Advisory Group downgraded DLT ...

Key Takeaways Dollar Tree shares rose Tuesday morning as markets reacted to the news that the discount retailer is changing its CEO. The company said after the bell Monday that outgoing CEO Rick Dreiling is stepping down immediately to deal with health issues. Dollar Tree also reiterated its guidance for the third quarter, and said its strategic review of a potential sale or spin-off of Family Dollar is progressing. Dollar Tree (DLTR) shares jumped Tuesday morning on news that the discount retailer is begin ...

Key TakeawaysDollar Tree shares rose ahead of Tuesday’s opening bell after the discount retailer reiterated its fiscsl third-quarter outlook and said its CEO was stepping down.Since reaching their early-September low, Dollar Tree shares have formed two distinct troughs around the same level on the chart, raising the possibility of a double bottom, a classic pattern that signals a potential upside trend reversal.Investors should monitor key resistance levels on Dollar Tree's chart around $77, $92, and $104, ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Dollar Tree (DLTR) closed the most recent trading day at $68.20, moving +0.5% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.4%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.63%. Heading into today, shares of the discount retailer had lost 8.15% over the past month, lagging the RetailWholesale sector's gain of 3.32% and the S&P 500's gain of 3.76% in that time. Investors will be eagerly watching for the performance of ...

The latest trading session saw Dollar Tree (DLTR) ending at $67.86, denoting a -0.24% adjustment from its last day's close. This change lagged the S&P 500's daily loss of 0.02%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.04%. Prior to today's trading, shares of the discount retailer had lost 10.11% over the past month. This has lagged the Retail-Wholesale sector's gain of 3.68% and the S&P 500's gain of 3.77% in that time. Analysts and investors alike will be keeping a close e ...

Dollar Tree (DLTR) closed at $69.36 in the latest trading session, marking a -0.39% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.21% for the day. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq decreased by 0.05%. Shares of the discount retailer have appreciated by 4.58% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 7.41% and the S&P 500's gain of 5.94%. The investment community ...

Dollar Tree (DLTR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this discount retailer have returned +4.6% over the past month versus the Zacks S&P 500 composite's +5.9% change. The Zacks Retail - Discount Stores industry, to which Dollar Tree belongs, has gained 0.2% over this period. Now the key question is: Where could the stock be headed in the near term? Although med ...