Dollar Tree, Inc. (DLTR) has been benefiting from growth across segments, higher traffic trends and robust market share gains. The company has been making significant progress in optimizing its store portfolio through new store openings, renovations, re-banners and closings. In the latest development, management has announced that it has acquired designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada and Texas. The aforesaid deal was completed through two transactions i ...

Group 1 - Dollar Tree is implementing layoffs for corporate employees as part of its ongoing portfolio optimization strategy [1][2] - The layoffs will occur at the company's headquarters in Chesapeake, Virginia, and affected employees will receive severance pay and other support [2] - The company plans to close approximately 1,000 Family Dollar stores due to poor performance [2] Group 2 - Last year, Dollar Tree also announced corporate layoffs, reducing its headcount by 90 employees [3] - The company's stock is currently up 1% but has decreased by 20% year-to-date, with trading volume significantly lower than average [3]

Dollar Tree (DLTR) closed at $115.37 in the latest trading session, marking a +0.67% move from the prior day. This change lagged the S&P 500's 0.7% gain on the day. Elsewhere, the Dow saw an upswing of 0.01%, while the tech-heavy Nasdaq appreciated by 1.1%. Shares of the discount retailer have depreciated by 5.83% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 1.98% and the S&P 500's gain of 4.03%. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 ( ...

Dollar Tree, Inc. (DLTR) is likely to register top-line growth when it reports first-quarter fiscal 2024 results. The Zacks Consensus Estimate for revenues is pegged at $7.6 billion, indicating an improvement of 4.3% from the prior-year quarter's reported figure. The bottom line of the operator of discount variety retail stores is expected to have declined year over year. The Zacks Consensus Estimate for fiscal first-quarter earnings is pegged at $1.45 per share, suggesting a decline of 1.4% from the year-a ...

Last week, strong first quarter results from Walmart (WMT) helped boost sentiment for discount retailers and investors may be eyeing Dollar Tree (DLTR) and Dollar General's (DG) stock ahead of their Q1 reports on Thursday, May 23, and Thursday, May 30 respectively. With that being said, let's see if now is a good time to buy stock in either of these iconic discount retailers. Q1 Overview & Expectations Based on Zacks estimates, Dollar Tree's Q1 sales are expected to rise 4% to $7.64 billion. However, Dollar ...

Dollar Tree (DLTR) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may ...

A month has gone by since the last earnings report for Dollar Tree (DLTR) . Shares have added about 4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Dollar Tree due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Dollar Tree’s Q4 Earnings Miss, Family Dollar Comps S ...

Dollar Tree Inc. (DLTR) has been benefiting from a range of initiatives like multi-price point strategy, restructuring and expansion initiatives, and efforts to optimize its store portfolio through new store openings, renovations, re-banners and closings. These actions have resulted in consistent sales growth across various segments, rising traffic trends and substantial gains in market share. This aided its comparable store sales (comps) performance in fourth-quarter fiscal 2023.In fourth-quarter fiscal 20 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-25464 Table of Contents DOLLAR TREE, INC. (Exact name of registrant as specified in its charter) Virginia 26-2018846 (State or other ju ...

Dollar Tree Discount Store.gettyFamily Dollar Stores continue to struggle and chain owner, Dollar Tree DLTR , plans to shutter 1000 of its stores in the first half of 2024. In addition, another 370 units will close in coming years as leases expire. At the same time, a review of the Dollar Tree stores identified 400 locations to also close.The merger of the two companies, Dollar Tree and Family Dollar, occurred in 2015. As the fiscal year ended on February 3, the company operated over 16,774 units under the ...