Dollar Tree Stock News

Once the Monday morning bell rang on April 7, the S&P 500 index continued its Friday and extended session plunge, solidifying the fears the day would be akin to the Black Monday of 1987.

As it turns out, President Donald Trump wasn't bluffing about imposing tariffs on imported cars. On Wednesday the White House announced any carmaker looking to bring a new vehicle into the United States would be forking over an additional 25% of that automobile's value.

After a decade's worth of frustration with the acquisition and months of toying with the idea of an exit, Dollar Tree (DLTR 2.57%) is finally dumping its entire Family Dollar unit. The discount retailer made the announcement in conjunction with its fourth-quarter results reported on Wednesday.

Although there is one day left in Q1, I'm pleased to present a detailed review of my Q1 stock picks, along with updated commentary and ratings. Today's report begins with an unconventional review of Apple, which I plan to drop coverage on. This report contains new coverage of 38 stocks that I've previously written about here at Seeking Alpha.

Dollar Tree Stores is well-positioned to benefit from inflation as consumers trade down, with a favorable macroeconomic backdrop enhancing its prospects. The Multi-Price Point (MPP) strategy is driving higher same-store sales growth (SSSG) and margin expansion, with significant consumer acceptance of higher price points. The sale of Family Dollar for ~$1 billion simplifies DLTR's operations and...

Roughly a decade ago, both Dollar Tree Inc. and archrival Dollar General Corp. were bidding for Family Dollar as the rapidly growing dollar-chain industry opened lots of new stores. When Dollar Tree DLTR finally closed on that bid in the summer of 2015, executives described the $8.5 billion deal as a “transformational opportunity” to sell more products in more places to more low-income consumers.

Dollar Tree NASDAQ: DLTR just basked in the sun for the first time in a long time. On Mar. 27, shares of Dollar Tree rose by over 11%.

Shares of Dollar Tree were higher after analysts reacted to the sale of Family Dollar and fourth-quarter results.