Dollar Tree faces biggest stock drop in 12 years as consumer …

Sep 4, 2024 · Dollar Tree faces biggest stock drop in 12 years as consumer spending slows. Dollar Tree's stock has fallen 43% this year through Tuesday’s close, compared with a 16% …

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Dollar Tree Faces Biggest Stock Drop In 12 Years As Consumer …

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Sep 4, 2024 · Dollar Tree faces biggest stock drop in 12 years as consumer spending slows. Dollar Tree's stock has fallen 43% this year through Tuesday’s close, compared with a 16% …

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Dollar Tree Delivers Weak Q2, Cuts Full-year Guidance

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Sep 20, 2024 · Dollar Tree’s updated full-year outlook now forecasts net sales ranging from $30.6 billion to $30.9 billion — down from $31 billion to $32 billion — and comp growth in the low …

retaildive.com

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Dollar Tree Stock Sinks As "Macro Pressures" Impact Consumer …

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Sep 4, 2024 · In the 13 weeks ended August 3, Dollar Tree's revenue increased 0.7% to $7.4 billion, helped by a 0.7% improvement in same-store sales growth. Its earnings per share …

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Dollar Tree Slashes Full-Year Outlook Amid Rising Pressures

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Sep 4, 2024 · Dollar Tree saw its shares plunge over 15% after the discount retailer cut its full-year outlook, attributing the move to mounting pressures on middle- and higher-income …

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Dollar Tree Q2 Earnings: Revenue And EPS Miss, Cuts Annual …

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Sep 4, 2024 · Guidance: The company is lowering its full-year fiscal 2024 consolidated net sales outlook range to $30.6 billion to $30.9 billion, down from prior guidance of $31 billion—$32 …

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Dollar Tree Shares Plunge 22% After Discounter Cuts Full-year …

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Sep 4, 2024 · Dollar Tree same-store sales for the company rose by 0.7% in the quarter. Shares of Dollar Tree fell more than 22% on Wednesday after the discounter cut its full-year outlook, …

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Dollar Tree Cuts Annual Forecasts After Dour Quarter On Weaker …

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Sep 4, 2024 · Chesapeake, Virginia-based Dollar Tree expects annual sales between $30.6 billion and $30.9 billion, compared with its prior forecast range of $31 billion to $32 billion. The …

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Dollar Tree Cuts Annual Forecasts After Dour Quarter On Weaker …

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Sep 4, 2024 · The company sees annual adjusted earnings per share in the range of $5.20 to $5.60, compared with its prior forecast range of $6.50 to $7 per share. Dollar Tree posted …

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Even Bargain Chains See Spending Pullback As Higher Prices …

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Sep 4, 2024 · Dollar Tree now expects full-year adjusted earnings between $5.20 and $5.60 per share, down from a range of $6.50 to $7. The Chesapeake, Virginia, company also projected …

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Dollar Tree Sees Weak 2023 Profit As Costs Mount, Shoppers Curb …

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Mar 1, 2023 · The company expects 2023 profit between $6.30 and $6.80 per share, below analysts' estimate of $7.78 per share in Refinitiv IBES data. "The new management team is …

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Dollar Tree Cuts Full-Year Forecast, Citing Weaker Demand - Inc.com

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Sep 4, 2024 · Chesapeake, Virginia-based Dollar Tree expects annual sales between $30.6 billion and $30.9 billion, compared with its prior forecast range of $31 billion to $32 billion. The …

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DLTR Dollar Tree Inc Company Reports | Morningstar

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Nov 5, 2024 · The firm cited a softer spending environment as the primary culprit for its full-year EPS revision, which now sits at $5.20-$5.60 (from $6.50-$7.00). ... Stout Competition and …

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FAQs about Dollar Tree faces biggest stock drop in 12 years as consumer … Coupon?

How many Dollar Tree stores are closed?

As of Aug. 3, Dollar Tree has shuttered about 655 stores and would close 45 stores through the remainder of the year, the company said on Wednesday. Chesapeake, Virginia-based Dollar Tree expects annual sales between $30.6 billion and $30.9 billion, compared with its prior forecast range of $31 billion to $32 billion. ...

Why did Dollar Tree cut its profit forecast?

REUTERS/Erin Scott/File Photo Acquire Licensing Rights May 25 (Reuters) - Dollar Tree Inc (DLTR.O) on Thursday trimmed its full-year profit forecast after missing quarterly profit estimates, hurt by slowing demand for discretionary items and elevated cost pressures, sending shares of the retailer down more than 14%. ...

How much will Dollar Tree make a year?

Chesapeake, Virginia-based Dollar Tree expects annual sales between $30.6 billion and $30.9 billion, compared with its prior forecast range of $31 billion to $32 billion. The company sees annual adjusted earnings per share in the range of $5.20 to $5.60, compared with its prior forecast range of $6.50 to $7 per share. ...

How much does Dollar Tree pay per share?

The company sees annual adjusted earnings per share in the range of $5.20 to $5.60, compared with its prior forecast range of $6.50 to $7 per share. Dollar Tree posted second-quarter net sales of $7.37 billion, compared with analysts' estimates of $7.49 billion, according to LSEG data. ...

What are Dollar Tree's earnings expectations for the third quarter?

For the third quarter, Dollar Tree anticipates adjusted earnings between $1.05 and $1.15 per share, with revenue in a range of $7.4 billion to $7.6 billion. That, too, is shy of Wall Street expectations for per=share earnings of $1.31 and revenue of $7.58 billion. Dollar Tree is also wrestling with internal problems that have hampered growth. ...

What happened to Dollar Tree shares?

Shares tumbled more than 20% Wednesday after hitting a 52-week low on the prior day. The biggest one-day sell-off for Dollar Tree shares in more than 20 years arrived less than a week rival bargain chain Dollar General reported a dismal quarter and suffered its largest single-day slump ever. ...