Dollar Tree (DLTR) Rebounded from Liberation Day Sell-Off

Core Insights - Broyhill Asset Management reported a 3.7% net appreciation in its Broyhill Partners fund for Q2 2025, underperforming compared to the MSCI All Country World Index, which returned 11.7% during the same period [1] - The fund's six-month return was 6.6%, lagging behind the index's 10.3% return [1] Company Performance - Dollar Tree, Inc. (NASDAQ:DLTR) experienced a one-month return of -13.29% but saw a 36.99% increase in value over the past 52 weeks, closing at $98.26 per share with a market capitalization of $20.042 billion on September 18, 2025 [2] - In Q2 2025, Dollar Tree's net sales rose by 12.3% to $4.6 billion, driven by comparable sales growth [4] Investment Strategy - Broyhill Asset Management increased its position in Dollar Tree by 32% during the quarter, capitalizing on a sell-off after Liberation Day, viewing higher product price points and the spin-off of Family Dollar as key drivers [3] - The firm assessed the impact of tariffs on Dollar Tree's operations, believing the stock was undervalued during the initial announcement of tariffs, allowing for strategic purchasing [3]