Dollar Tree Stock News

Dollar Tree, Inc. stock has dropped over 50%, presenting a speculative but potentially lucrative buying opportunity despite short-term issues and disappointing guidance. The company's valuation has reset to an attractive level at $65 per share, though growth is under pressure and core customers are impacted by macroeconomic factors. Sales missed estimates, but gross profit increased due to lowe...

Dollar Tree stock is plunging Wednesday after the discount retailer missed Q2 expectations and slashed its full-year outlook. Here's what you need to know.

Dollar Tree, Inc. (NASDAQ:DLTR ) Q2 2024 Earnings Conference Call September 4, 2024 8:00 AM ET Company Participants Robert LaFleur - Senior Vice President, Investor Relations Mike Creedon - Chief Operating Officer Jeff Davis - Chief Financial Officer Conference Call Participants Michael Lasser - UBS Edward Kelly - Wells Fargo Simeon Gutman - Morgan Stanley Matthew Boss - JPMorgan John Heinbocke...

Shares of Dollar Tree Inc (NASDAQ:DLTR) are down 21.3% at $64.25 at last glance, and headed for their largest single-day percentage drop on record, after the discount retailer's second-quarter earnings and revenue missed estimates.

Dollar Tree Inc (NASDAQ: DLTR) has a history of outperforming when consumers turn wary of spending on fears of a looming economic slowdown. But such does not appear to be the case this time, as per the earnings release the chain of discount stores posted on Wednesday.

Dollar Tree (DLTR) shares tumbled in premarket trading Wednesday after the discount retailer reported another earnings miss and said it is facing "immense pressures from a challenging macro environment."

Dollar Tree dived Thursday after badly missing second-quarter earnings views and slashing guidance.

Dollar Tree, Inc. (NASDAQ:DLTR) warned of "macro pressures" on the purchasing behaviour of its middle- and higher-income customers as it cut financial guidance for this year.  This followed a disappointing fiscal second quarter for the US discount retailer, where same-store sales growth slowed to 1.3% from 1.7% in the first quarter, below Wall Street estimates, with its Family Dollar brand seei...