The discount retailer still hasn't solved the problems that started nine years ago. Dollar Tree's (DLTR 1.38%) stock sank to its lowest levels in nearly nine years after it posted its latest earnings report on Sept. 4. For the second quarter of fiscal 2024, which ended on Aug. 3, the discount retailer's net sales grew only 0.7% year over year to $7.37 billion and missed analysts' estimates by $100 million. Its adjusted EPS dropped 26% to $0.67 and broadly missed the consensus forecast by $0.37. Those headli ...

Can the stock bounce back? It's been a challenging time for some discount stores. After rival Dollar General (DG 2.70%) saw its shares lose a third of their value late last month following disappointing results and guidance, Dollar Tree (DLTR -2.88%) didn't fare much better when it announced its own fiscal Q2 results; its stock fell by more than 22% in the session that followed. Let's take a close look at Dollar Tree's earnings report and guidance, and see if investors should buy this dip. Lowered guidance ...

jetcityimage/iStock Editorial via Getty Images Dollar Tree (NASDAQ:DLTR) and other discount retailers have been taking a massive hit lately. Dollar Tree has been the latest victim, falling around 25% after posting a bad earnings report and weakening guidance. But before jumping on the bandwagon of bad news, let's take an objective look at this company and try to understand if it's really in long-term trouble and what its real value is. Fundamentals Based On Facts Dollar Tree is currently trading around $63. ...

The discount retailer turned in a disappointing earnings report. Shares of Dollar Tree (DLTR 7.72%) were getting hammered this week as the discount retailer posted disappointing results in its second-quarter earnings report. It followed in the footsteps of Dollar General, its larger rival, which also badly missed the mark in its earnings report, a sign that low-income consumers are cutting back on spending. As a result, Dollar Tree stock was trading down 19.8% for the week on the news as of 3:08 p.m. ET on ...

Dollar Tree, Inc. DLTR shares are trading higher on Thursday. Yesterday, however, the company's shares tumbled after it reported worse-than-expected second-quarter financial results and cut the outlook. The discount variety stores chain reported an adjusted EPS of $0.67, missing the consensus of $1.04, and down 26.4% year over year. Analysts covering the company provided their takes: BMO Capital Markets analyst Kelly Bania downgraded the stock to Market Perform from Outperform, lowering the price forecast t ...

Key Takeaways The S&P 500 slipped 0.2% on Wednesday, Sept. 4, as a report showing a drop in job openings corroborated recent signals of a cooling labor market. Dollar Tree stock plunged after the discount retailer missed quarterly expectations and cut its full-year guidance, citing macroeconomic challenges. Shares of Tesla jumped amid reports the carmaker plans to launch a six-seat variant of its Model Y vehicle. Major U.S. equities indexes continued their sluggish start to September, ending mixed and littl ...

Family Dollar parent company Dollar Tree, which operates more than 16,000 stores across the U.S. and Canada, is navigating a significant transformation under Chairman and CEO Rick Dreiling. Despite facing a challenging macroeconomic environment, the company is making strategic moves that could redefine its market position and appeal to a broader customer base. One of the most noteworthy initiatives is the rollout of Dollar Tree's multi-price format. This new strategy, which has been implemented in 1,600 sto ...

Dollar Tree, Inc. (DLTR) has reported bleak second-quarter fiscal 2024 results, with both earnings and sales lagging the Zacks Consensus Estimate. The top line rose year over year while the bottom line declined. Results were hurt by a tough macro landscape. Also, product cost inflation and elevated occupancy costs acted as deterrents. Shares of Dollar Tree have lost more than 15% following the earnings release. The negative sentiment was due to the dismal results. Shares of this Zacks Rank #4 (Sell) company ...

Dollar Tree, Inc. DLTR shares are trading lower after the company reported worse-than-expected secondquarter financial results and cut the outlook. The discount variety stores chain reported an adjusted EPS of $0.67, missing the consensus of $1.04, and down 26.4% year over year. Goldman Sachs analyst Kate McShane reiterated the Buy rating on the stock, with a price forecast of $145. Following the results, the analyst has expressed doubts regarding several aspects: the comparative performance at Family Dolla ...

The discount retailer's fiscal second-quarter report included a lot of disappointing news for investors. Dollar Tree (DLTR -24.29%) stock is getting crushed in Wednesday's trading. The discount retailer's share price was down 24% as of 2:02 p.m. ET, according to data from S&P Global Market Intelligence. Before the market opened Wednesday morning, Dollar Tree published results for its fiscal second quarter, which ended Aug. 3. Sales and earnings fell short of analysts' consensus expectations, and management ...