Dollar Tree shares plunge 22% after discounter cuts full-year

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, citing …


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

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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, citing …

msn.com

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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 …

reuters.com

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Dollar Tree Shares Plunge 22% After Slashing Full-Year Forecast …

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Dollar Tree's shares plummeted over 22% on Wednesday after the discount retailer significantly lowered its full-year outlook, attributing the revision to mounting pressures on middle- and …

tachlisdaily.com

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Dollar Tree Shares Plunge 20% After Discounter Cuts Full-year …

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Sep 4, 2024  · Shares of Dollar Tree fell about 10% in premarket trading Wednesday after the discounter cut its full-year outlook, citing increasing pressures on middle-income and higher …

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Dollar Tree Stock Fall By 22%, Adjusts Outlook Due To Softer Sales

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Sep 05, 2024. Dollar Tree stock fell more than 22% on Wednesday after the discounter cut its full-year earnings outlook. Dollar Tree said this is due to increasing pressures on middle-income …

industryleadersmagazine.com

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

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Sep 4, 2024  · Dollar Tree stock dropped 22.2% to 63.53 during market action on Wednesday, hitting a fresh four-year low. DLTR shares declined 3.4% to 81.65 on Tuesday. DLTR shares …

investors.com

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

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Dollar Tree shares plunge 22% after discounter cuts full-year forecast. Publishing timestamp: 2024-09-04 16:03:59. Summary. Dollar Tree cut its full-year outlook due to increasing …

tldrcnbc.com

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Dollar Tree Stock Falls On Slashed Outlook; Dollar General Tops ...

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Aug 25, 2022  · Dollar Tree cut its full-year earnings forecast to range between $7.10 and $7.40 per share, from $7.80 and $8.20. The new outlook would still represent 22% to 27% year-over …

investors.com

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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 …

sharpertrades.com

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

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Interests of Dollar Tree fell more than 22% on Wednesday after the discounter cut its full-year outlook, citing increasing pressures on middle-income and higher-income customers.. The …

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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 …

inc.com

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Dollar Tree Faces Biggest Stock Drop In 12 Years As Consumer

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Sep 4, 2024  · Dollar Tree, which also operates the Family Dollar chain, was the latest discount retailer to trim its outlook for the current year on Wednesday, sending shares down nearly 26% …

fortune.com

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Dollar Tree Stock Falls 20% After Cutting Forecasts - New York Post

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Sep 4, 2024  · 3. Dollar Tree has seen its stock price fall by 20% after slashing its annual forecasts. REUTERS. Shares of Dollar Tree were trading at around $65 a share — the lowest …

nypost.com

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

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Sep 4, 2024  · Shares of Dollar Tree fell more than 22% on Wednesday after the discounter cut its full-year outlook, citing increasing pressures on middle-income and higher-in Dollar Tree …

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Dollar Tree Cuts Full-Year Guidance On Muted Consumer Spending

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Sep 4, 2024  · Dollar Tree Inc. ’s shares plunged on Wednesday in a harbinger of the pain coming for companies that cater to consumers earning less than $35,000 a year. Along with poor …

bloomberg.com

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

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Dollar Tree cut its full-year outlook, citing increasing pressures on middle-income and higher-income customers. Dollar stores, in particular, have felt pinched as their core customer makes …

newsbreak.com

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

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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 shares plunge 22% after discounter cuts full-year Coupon?

Why did Dollar Tree stock fall 10% in premarket trading?

Shares of Dollar Tree fell about 10% in premarket trading Wednesday after the discounter cut its full-year outlook, citing increasing pressures on middle-income and higher-income customers. The retailer said it now expects its full-year consolidated net sales outlook to range between $30.6 billion and $30.9 billion. ...

Why did Dollar Tree cut its full-year outlook?

Dollar Tree cut its full-year outlook, citing increasing pressures on middle-income and higher-income customers. Dollar stores, in particular, have felt pinched as their core customer make tradeoffs after a prolonged period of pricier food and everyday costs. Dollar Tree same-store sales for the company rose by 0.7% in the quarter. ...

Why did Dollar Tree stock plunge 20%?

Dollar Tree's stock price plunged by more than 20% on Wednesday after the discount retailer missed quarterly estimates and slashed annual forecasts. ...

Is Dollar Tree stock down 43% this year?

As of Tuesday's close, Dollar Tree's shares are down nearly 43% so far this year. The company's stock hit a 52-week low on Tuesday and closed the day at $81.65. A sign is posted in front of a Dollar Tree and Family Dollar store on March 13, 2024 in Rio Vista, California. ...

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. ...

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