Dollar Tree, Inc. (DLTR) is an American chain of discount variety stores that sells items for $1 or less. A Fortune 500 company, Dollar Tree is headquartered in Chesapeake, Virginia and operates 13,600 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of ten distribution centers. The company operates one dollar stores under the names of Dollar Tree and Dollar Bills. The company also operates a multiprice-point variety chain under the name Deals. Dollar Tree competes in the dollar store and low-end retail markets. Each Dollar Tree stocks a variety of products including national, regional, and private-label brands. Departments found in a Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, housewares, glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags and wrap, stationery, craft supplies, teaching supplies, automotive, electronics, pet supplies, and books. Most Dollar Tree stores also sell frozen foods and dairy items such as milk, eggs, pizza, ice cream, frozen dinners, and pre-made baked goods. In August 2012, the company began accepting manufacturer's coupons at all of its store locations.
Reported before open today (5/26/16) Earnings: EPS $0.89 Revenue $5.085B Estimates: EPS $0.80 Revenue $5.081B Up 13.26% today so far
Would have been a fun ride to be in before earnings. If I knew your wife shopped there so often, I would have been in!
lol...there's a dollar tree right around the corner from us....I think that's why my wife goes there so much
Reported one the poorest quarters that I can recall. I am not a fan of buying into a previous high when earnings dictate much of the year's move. The stock may just do much of nothing. I'd only be a buyer on a move back above $90.
Analyst Upgrade/Downgrade Update Brokerage firm: Johnson Rice Change: Upgrade Previous Rating: Hold Current Rating: Accumulate Previous Price Target: N/A Current Price Target: N/A
These stores are such amazing money makers! The stuff they bring in costs a few cents, sell it for a dollar... amazing!
Check out this stock right here. While the broader market made new lows, DLTR held high lows and is breaking through 3 month highs today.