Over the past month, shares of this discount retailer have returned -6.1%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Retail - Discount Stores industry, which Dollar Tree falls in, has gained 6.7%. The key question now is: What could be the stock's future direction? We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, ...

Dollar Tree failed to effectively recall lead-tainted applesauce pouches linked to reports of illness in more than 500 children, leaving the products on some stores shelves for two months, the Food and Drug Administration said Tuesday. The FDA sent a warning letter to Dollar Tree this month and placed Negasmart, the Ecuadorian distributor of WanaBana apple cinnamon pouches, under import alerts following the October 2023 recall of the products found to be contaminated with "extremely high" levels of lead and ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Dollar Tree (DLTR) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Dollar Tree currently has an average b ...

Undervalued stocks are those trading below their intrinsic value. That is when you should buy them. It's how you implement the buy low, sell high investment strategy. Perhaps, but the trick is choosing good companies that are temporarily out of favor. As Warren Buffett said, "Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." Dollar Tree (DLTR) Shares are down 20% in 2024 and slumped 26% from their 52-week high. It is caught between a rock and a hard plac ...

-0.37 (-0.33%) $154.96 Add to Watchlist Over the last twelve months, three insiders have purchased nearly $99.83 million worth of stock, with only $347,868.01 in sales during the same period. This brings total insider ownership to 6.8%. Analysts remain bullish on the stock, with a moderate buy rating and a consensus price target indicating close to 30% upside. Talos Energy's Buy Rating: What Investors Should Know Talos Energy While insider buying is a positive signal, considering it alongside other factors, ...

"This year, an early Easter, combined with the extra week in our fourth quarter last year, left us with a much shorter selling season," Dreiling said. "Also, unusually cold and wet weather throughout much of the country negatively impacted the way many families celebrate this traditionally spring-oriented outdoor-centric holiday." Dollar Tree operates 16,397 stores across 48 states and five Canadian provinces under the brands of Dollar Tree, Family Dollar and Dollar Tree Canada. Many higher-income consumers ...

Dollar Tree, Inc. (DLTR) has reported mixed first-quarter fiscal 2024 results, with earnings in line with the Zacks Consensus Estimate and sales lagging the same marginally. The top line rose year over year, while the bottom line declined. The company's results have benefited from gains across both segments, higher traffic and robust market share growth. However, product cost inflation, an unfavorable sales mix and elevated shrink continued to hurt. Alongside the results, the company has noted that it has b ...

Earlier this year, it had outlined plans to shutter 970 Family Dollar stores. The company operates 8,359 Family Dollar stores, as of Feb. 3. Dollar Tree said on Wednesday it was exploring options, including a potential sale or spinoff of its Family Dollar banner, as it looks to restructure business amid still-high inflation that continues to strain consumer spending. The retailer, like its peer Dollar General, has been grappling with weak discretionary demand as shoppers focus more on less-profitable consum ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-25464 DOLLAR TREE, INC. (Exact name of registrant as specified in its charter) Virginia 26-2018846 (State or other ...

Financial Data and Key Metrics Changes - Consolidated net sales increased by 4.2% to $7.6 billion, with enterprise comparable sales (comp) at 1% due to a 2.1% increase in traffic offset by a 1.1% decline in average ticket [33][66][89] - Adjusted diluted EPS for the first quarter was $1.43, reflecting favorable freight costs and careful expense management [66][75] - Adjusted operating income decreased by 3% to $436 million, with adjusted operating margin down by 45 basis points [89] Business Line Data and Key Metrics Changes - Dollar Tree's net sales increased by 5.9% to $4.2 billion, with comps up 1.7% driven by a 2.8% increase in customer traffic, but average ticket decreased by 1.1% [58][90] - Family Dollar's net sales increased by 2% to $3.5 billion, with comps up 0.1% as customer traffic increased by 0.9% but average ticket decreased by 0.8% [71][76] - Dollar Tree's consumables comp was 7.4%, while discretionary comp declined by 3.2%, marking the first discretionary comp decline since Q1 2020 [58][64] Market Data and Key Metrics Changes - Dollar Tree gained consumable market share with dollar growth exceeding the market by 660 basis points and unit growth exceeding by 520 basis points [56] - Family Dollar's consumable comp was up 1.4%, while discretionary comp was down 4.7%, indicating a gradual improvement in discretionary trends [85] Company Strategy and Development Direction - The company is conducting a formal review of strategic alternatives for the Family Dollar business to enhance performance and valuation potential [50][53] - Dollar Tree is expanding its multi-price offering, with plans to roll out over 300 new items at price points above $1.25 in approximately 3,000 stores by year-end [57][70] - The company aims to accelerate Dollar Tree's growth while transforming Family Dollar, with a focus on improving operational and capital structures for both banners [54][61] Management's Comments on Operating Environment and Future Outlook - Management noted that Easter's impact was significant, with a 150 basis point drag on Dollar Tree's first quarter comp due to adverse weather and a shorter selling season [32][64] - The outlook for the second quarter includes expected net sales in the range of $7.3 billion to $7.6 billion, with comps for Dollar Tree projected at 2% to 4% [79][80] - Management expressed confidence in the multi-price strategy, indicating that stores with multi-price offerings are outperforming those without [122][137] Other Important Information - The company reported a $70 million loss related to inventory destroyed at the Marietta distribution center, which is expected to be offset by insurance recoveries [77][91] - The company returned $310 million to shareholders through share repurchases, with approximately $1 billion remaining under the repurchase authorization [78] Q&A Session All Questions and Answers Question: What underpins the confidence around the 2% to 4% comp guidance for the second quarter? - Management highlighted strong performance in consumables and the positive impact of multi-price items, which are driving larger baskets and increased store traffic [122] Question: If Family Dollar is not sold, what is the plan B? - Management stated it is too early to determine alternatives but emphasized that the supply chain and merchandising functions are largely separate, minimizing dis-synergies [103][104] Question: Can you elaborate on the acceleration strategy at Dollar Tree? - Management confirmed that the multi-price strategy is attracting higher-income consumers and driving sales growth, with plans for continued expansion [156]