Dollar Tree's Q2 Struggles: Analysts Question Pricing, Shrinkage, And Transformation Amid Macro Challenges
Dollar Tree(DLTR) Benzinga·2024-09-04 18:28
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 ...