These Analysts Revise Their Forecasts On Dollar Tree Following Q2 Results

Dollar Tree Inc. DLTR posted stronger-than-expected second-quarter sales and earnings on Wednesday.The discount retailer's second-quarter sales increased 12.3% to $4.567 billion, beating the consensus of $4.484 billion. Same-store net sales increased 6.5%, driven by a 3% increase in traffic and a 3.4% increase in average ticket.The company reported adjusted earnings of 77 cents per share, beating the analyst estimate of 41 cents."The strong sales growth, margin outperformance, and market share gains that Do ...