Dollar Tree (DLTR) PT Lowered to $155 at Telsey

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Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2024

June 5, 2024 6:31 AM EDT

Same-Store Net Sales: Dollar Tree +1.7%; Family Dollar +0.1%; Enterprise +1.0% Diluted Earnings per Share (EPS) of $1.38 Adjusted Diluted EPS of $1.43 Fiscal 2024 Net Sales Outlook Range of $31.0 Billion to $32.0 Billion Fiscal 2024 Adjusted Diluted EPS Outlook Range of $6.50 to $7.00 Outlook Includes Incremental Operating Expenses Related to Loss of Marietta DC Announced Review of Strategic Alternatives for Family Dollar Business Segment

CHESAPEAKE, Va.--(BUSINESS WIRE)-- Dollar Tree, Inc. (NASDAQ: DLTR) today reported financial results... More

Dollar Tree Announces Review of Strategic Alternatives for Family Dollar Business

June 5, 2024 6:30 AM EDT

CHESAPEAKE, Va.--(BUSINESS WIRE)-- Dollar Tree, Inc. (NASDAQ: DLTR) today announced that the Company has initiated a formal review of strategic alternatives of the Companys Family Dollar business segment, which could include among others, a potential sale, spin off or other disposition of the business.

Dollar Tree has been on a multi-year journey to help the Company fully achieve its potential, said Rick Dreiling, Chairman and Chief Executive Officer, Dollar Tree, Inc. Last year, we announced a comprehensive review of the Family Dollar portfolio, including the planned closure of approximately 970... More