U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 0.2% on Wednesday. The Dow traded down 0.08% to 40,906.17 while the NASDAQ rose 0.21% to 17,172.66. The S&P 500 also fell, dropping, 0.03% to 5,527.51. Check This Out: Top 3 Consumer Stocks That Could Blast Off This Quarter Leading and Lagging Sectors Utilities shares climbed by 0.6% on Wednesday. In trading on Wednesday, energy shares fell by 0.9%. Top Headline Shares of Dollar Tree, Inc DLTR dipped over 21% on Wednes ...

Dollar Tree's stock price plunged by more than 20% on Wednesday after the discount retailer missed quarterly estimates and slashed its annual forecasts — another sign that inflation-weary consumers are paring back spending. "Customers are expanding their consumption (on low-margin essentials) while contracting their spending on discretionary items because of macro belttightening," Dollar Tree CFO Jeff Davis said on a post-earnings call. Dollar Tree signage 3 Dollar Tree has seen its stock price fall by 20% ...

Key Takeaways Shares of Dollar Tree were recently down nearly 20%—to levels not seen since 2015—after the company pulled back its financial outlook and reported disappointing quarterly results. Dollar Tree and rival Dollar General say their shoppers are facing a tough economic environment. Dollar Tree says it's holding up competitively, though some analysts have wondered whether Walmart has been eating into other retailers' share of the consumer dollar. The pressure on discount retail stocks continues. Shar ...

cagkansayin/iStock via Getty Images Dollar Tree, Inc. (NASDAQ:DLTR) stock became expensive again earlier this year after a great run with the market. But over the last feve months a correction has emerged, and the stock is down some 50% plus. VAL Dollar Tree Inc (DLTR) Price 65 88 150.00 120.00 90.00 Jan '24 Mar '24 May '24 Jul '24 Sep Seeking AlphaQ Sep 4, 2024, 10:25 AM EDT Powered by YC H A R T S Data by Y Charts The stook has been crushed. This is pretty brutal. But is it really as dire as the market is ...

Dollar Tree, Inc. (NASDAQ:DLTR) Q2 2024 Earnings Conference Call September 4, 2024 8:00 AM ET Company Participants Robert LaFleur - Senior Vice President, Investor Relations Mike Creedon - Chief Operating Officer Jeff Davis - Chief Financial Officer Conference Call Participants Michael Lasser - UBS Edward Kelly - Wells Fargo Simeon Gutman - Morgan Stanley Matthew Boss - JPMorgan John Heinbockel - Guggenheim Securities Chuck Grom - Gordon Haskett Paul Lejuez - Citigroup Krisztina Katai - Deutsche Bank Scot C ...

Shares of Dollar Tree Inc (NASDAQ:DLTR) are down 21.3% at $64.25 at last glance, and headed for their largest single-day percentage drop on record, after the discount retailer's second-quarter earnings and revenue missed estimates. The company also slashed its full-year forecast, citing weaker demand. On track for its ninth-straight daily loss, DLTR is gapping to its lowest levels since March 2020. Support at the $60 region lingers below, however. Since the start of 2024, the equity is down roughly 54%. Ove ...

Dollar Tree (DLTR) reported $7.37 billion in revenue for the quarter ended July 2024, representing a year-overyear increase of 0.7%. EPS of $0.67 for the same period compares to $0.91 a year ago. The reported revenue represents a surprise of -1.74% over the Zacks Consensus Estimate of $7.5 billion. With the consensus EPS estimate being $1.03, the EPS surprise was -34.95%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Key Takeaways Dollar Tree reported second-quarter earnings below what analysts' expectations Wednesday, with profits falling year-over-year. Executives said the company is facing "immense pressures" from the economic environment. The comments are similar to those from executives at Dollar General, who last week said they saw a "financially constrained" consumer. Dollar Tree (DLTR) shares tumbled in premarket trading Wednesday after the discount retailer reported another earnings miss and said it is facing " ...

Dollar Tree (DLTR) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -34.95%. A quarter ago, it was expected that this discount retailer would post earnings of $1.43 per share when it actually produced earnings of $1.43, delivering no surprise. Over the last four quarters, the company h ...

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 New ...