Dollar Tree delivers weak Q2, cuts full-year guidance

Sep 20, 2024 · Dollar Tree delivers weak Q2, cuts full-year guidance Family Dollar customers are leaving for other stores like Walmart, according to analysts, as the banner shrinks its footprint. …

CouponFollow Extension

26%
OFF

Dollar Tree Cuts Full-Year Profit View As Economic Pressure Hits ...

1 week from now

Sep 4, 2024 · Dollar Tree announced Wednesday that Q2 earnings dropped 26% to 67 cents per share while sales totaled $7.37 billion, up a fraction compared to Q2 2023. Same-store sales …

investors.com

$30
OFF

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

1 week from now

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 …

yahoo.com

$5.20
OFF

Dollar Tree Slashes Full-Year Profit Target As Economic Pressure

1 week from now

Amid the "challenging macro environment," Dollar Tree on Wednesday cut its 2024 profit view to $5.20-$5.60, down from its previous $6.50-$7.00 expectation. The retailer also revised down …

msn.com

15%
OFF

Dollar Tree Slashes Full-Year Outlook Amid Rising Pressures

1 week from now

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 …

sharpertrades.com

$0.67
OFF

Dollar Tree Stock Plummets To 9-Year Low: Worst Day Since 2001

1 week from now

Sep 4, 2024 · The historic losses came after the company reported Q2 results far below expectations—its $0.67 adjusted earnings per share was well short of its prior guidance of …

forbes.com

22%
OFF

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

1 week from now

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, …

nbcchicago.com

$5.20
OFF

Dollar Tree Cuts Annual Forecasts After Dour Quarter On Weaker …

1 week from now

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 …

usnews.com

4%
OFF

Why Is Dollar Tree Stock Trading Lower On Wednesday? - Dollar …

1 week from now

Sep 4, 2024 · Dollar Tree stock drops after Q2 2024 earnings miss expectations, with adjusted EPS at $0.67, down 26.4% year-over-year. Sales slightly rise to $7.38 billion, but miss …

benzinga.com

$30
OFF

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

1 week from now

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 …

inc.com

7%
OFF

Trading Near A 9-year Low After A Guidance Cut, Is Now A Golden ...

1 week from now

Sep 9, 2024 · For its fiscal second quarter, which ended Aug. 3, Dollar Tree's revenue rose 0.7% year over year to $7.4 billion. This was below the $7.5 billion analyst consensus. Same-store …

fool.com

$5.20
OFF

Dollar Tree Cuts Annual Forecasts After Dour Quarter On Weaker …

1 week from now

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 …

theglobeandmail.com

$1.07
OFF

Dollar Tree To Close Nearly 1,000 Stores - New Jersey

1 week from now

Mar 13, 2024 · 3:09. Dollar Tree will close nearly 1,000 stores and swung to a surprise fourth quarter loss as the discount retailer took a related $1.07 billion goodwill impairment charge. …

news12.com

FAQs about Dollar Tree delivers weak Q2, cuts full-year guidance Coupon?

How did Dollar Tree perform in Q2?

Dollar Tree announced Wednesday that Q2 earnings dropped 26% to 67 cents per share while sales totaled $7.37 billion, up a fraction compared to Q2 2023. Same-store sales grew 1.3%. Prior to earnings, analyst consensus had Dollar Tree Q2 EPS of $1.04 and revenue coming in at $7.49 billion. ...

Why did Dollar Tree cut its profit view in 2024?

Amid the "challenging macro environment," Dollar Tree on Wednesday cut its 2024 profit view to $5.20-$5.60, down from its previous $6.50-$7.00 expectation. The retailer also revised down and narrowed its revenue guidance to $30.6-$30.9 billion. Earlier in the year Dollar Tree expected $31-$32 billion in revenue for 2024. ...

Why did Dollar General & Dollar Tree lower guidance in Q2?

As a result of their Q2 performance, both Dollar General and Dollar Tree lowered their full-year guidance. While discounters have recently given grocers a run for their money in attracting price-sensitive consumers, Dollar Tree’s and Dollar General’s recent earnings show that even major discounters are coming under pressure. ...

Why was Dollar Tree's Q2 earnings lower than expected?

Dollar Tree recorded lower-than-expected Q2 earnings partly due to underwhelming comparable store performance from its Dollar Tree banner, which saw a 1.3% same-store net sales increase during the quarter. The discounter’s Family Dollar banner’s same-store sales slipped 0.1% — in line with the company’s expectations. ...

Will Dollar Tree stock bounce back after Q2 earnings report?

Dollar Tree shares sank to a 9-year low following its fiscal Q2 earnings report. The macro environment is one of the most challenging the company has ever seen. Can the stock bounce back? It's been a challenging time for some discount stores. ...

How much will Dollar Tree sell in the third quarter 2024?

For the third quarter of 2024, Dollar Tree forecasts sales of $7.4 billion—$7.6 billion, compared to the consensus of $7.59 billion, based on comparable store net sales growth in the low single digits for the enterprise and both the Dollar Tree and Family Dollar segments. ...