Dollar Tree stock down 20% as company blames the economy

Sep 4, 2024  · As Dollar Tree's fiscal Q2 closed, the company's full-year outlook was cut and the stock plummeted about 20%. ... Dollar Tree and Family Dollar stock falls 20% as company …


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Dollar Tree Stock Down 20% As Company Blames The Economy

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Sep 4, 2024  · As Dollar Tree's fiscal Q2 closed, the company's full-year outlook was cut and the stock plummeted about 20%. ... Dollar Tree and Family Dollar stock falls 20% as company …

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

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Sep 4, 2024  · 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 in more …

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Why Dollar Tree Stock Is Plummeting Today | The Motley Fool

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Sep 4, 2024  · Dollar Tree (DLTR-0.69%) stock is getting crushed in Wednesday's trading. The discount retailer's share price was down 24% as of 2:02 p.m. ET, according to data from S&P …

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Dollar Tree Stock Falls 20%. We Knew Earnings Would Be …

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Updated Sept 04, 2024, 10:00 am EDT / Original Sept 04, 2024, 7:09 am EDT. Share. Resize

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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% …

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Why Dollar Tree Stock Got Hammered Today - Yahoo Finance

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Mar 13, 2024  · Shares of discount retail chain Dollar Tree (NASDAQ: DLTR) got hammered on Wednesday after the company reported a whopping $1.7 billion net loss in its most recent …

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Dollar Tree Slashes Full-Year Profit Target As Economic Pressure …

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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. Dollar Tree …

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Dollar Tree - Fast Company

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Dollar Tree and Family Dollar stock falls 20% as company puts blame on the economy. As Dollar Tree's fiscal Q2 closed, the company's full-year outlook was cut and the stock plummeted …

fastcompany.com

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Why Dollar Tree Stock Got Hammered Today | The Motley Fool

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Mar 13, 2024  · As of 9:45 a.m. ET, Dollar Tree stock was down 13%. It's time to update Dollar Tree's footprint. In the fourth quarter of 2023, Dollar Tree generated net sales of $8.6 billion, …

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Here's Why Dollar Tree (DLTR) Fell More Than Broader Market

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Oct 30, 2024  · The most recent trading session ended with Dollar Tree (DLTR) standing at $63.31, reflecting a -1.84% shift from the previouse trading day's closing. The stock's …

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Why Dollar Tree Stock Was Down Today | The Motley Fool

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Aug 24, 2023  · Shares of Dollar Tree (DLTR-0.92%) were down by 10% as of 12:12 p.m. ET on Thursday despite the discount retailer reporting fiscal second-quarter earnings that beat Wall …

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How Trump’s Tariff Proposals Could Affect 7 Major Retailers’ Stock …

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Nov 7, 2024  · The actual dollar amount increased from $156.50 to $193.20 between 2019 and 2023, according to Statista. Assuming a family buys such a basket every week, the actual cost …

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Watch These Dollar Tree Stock Price Levels After Big ... - Investopedia

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Oct 1, 2024  · Dollar Tree shares fell 34% in the third quarter as the discount retailer faced pressures from a challenging macro environment. Monitor these key price levels.

investopedia.com

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Should Investors Pull Dollar Tree Stock Out Of The Bargain Bin?

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Oct 6, 2024  · Consequently, same-store sales rose in the second quarter (ended Aug. 3) by only 0.7% across the enterprise, rising 1.3% at Dollar Tree and falling 0.1% at Family Dollar. Also, …

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Strategic Management Changes And Undervalued Potential Drive …

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4 days ago  · Dollar Tree, Inc. is a discount variety retail store operator that sells items for $1 or less. The company operates over 15,000 stores in the United States and Canada under the …

businessinsider.com

FAQs about Dollar Tree stock down 20% as company blames the economy Coupon?

Why did Dollar Tree stock fall 20%?

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 in more than four years. Last week, rival Dollar General’s shares also slumped nearly 30% after the discount retailer slashed its annual sales and profit forecast. ...

What happened to Dollar Tree?

The company took a massive loss as it closes hundreds of Family Dollar locations. Shares of discount retail chain Dollar Tree ( DLTR 1.80%) got hammered on Wednesday after the company reported a whopping $1.7 billion net loss in its most recent quarter. As of 9:45 a.m. ET, Dollar Tree stock was down 13%. ...

Why is Dollar Tree slashing its forecasts?

“Customers are expanding their consumption (on low-margin essentials) while contracting their spending on discretionary items because of macro belt-tightening,” Dollar Tree CFO Jeff Davis said on a post-earnings call. Dollar Tree has seen its stock price fall by 20% after slashing its annual forecasts. REUTERS ...

Is Dollar Tree (dltr) stock getting crushed?

Dollar Tree (DLTR -22.16%) stock is getting crushed in Wednesday's trading. The discount retailer's share price was down 24% as of 2:02 p.m. ET, according to data from S&P Global Market Intelligence. Before the market opened Wednesday morning, Dollar Tree published results for its fiscal second quarter, which ended Aug. 3. ...

Did Dollar Tree 'not pleased' with its earnings report?

You'll be asked to sign into your Forbes account. Dollar Tree stock cratered Wednesday as the discount store chain delivered a disappointing second-quarter earnings report, suffering its worst day on Wall Street in more than two decades. Dollar Tree management took the rare step of admitting it “was not pleased” with its earnings ... [+] ...

Why is Dollar Tree stock down 56%?

Seana Smith and Madison Mills monitor Dollar Tree's stock performance — which is already down 56% year-to-date — following the 2024 presidential election results. Downward pressures are also spreading to other discount retailers Dollar General (DG) and Five Below (FIVE) ...

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