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Dollar Tree (DLTR) is down after earnings. Scott Mushkin discusses this as Dollar Tree's 1Q adjusted EPS came in at $1.43 versus an estimated $1.42 and revenue came in at $7.63B versus an estimated $7.63B.
Anthony Chukumba, Loop Capital Markets, speaks with Romaine Bostick and Scarlet Fu on Dollar Tree considering sale of Family Dollar. -------- More on Bloomberg Television and Markets Like this video?
Dollar Tree's (DLTR) Q1 results reflect gains from strength across both banners, higher traffic and robust market share growth. DLTR mulls over the potential sale of the Family Dollar business.
The company operates 8,359 Family Dollar stores, as of Feb. 3. It will close an additional 150 stores by fiscal 2024-end.
Dollar Tree, Inc. (NASDAQ:DLTR ) Q1 2024 Earnings Conference Call June 5, 2024 8:00 AM ET Company Participants Bob LaFleur - Senior Vice President, Investor Relations Rick Dreiling - Chief Executive Officer Jeff Davis - Chief Financial Officer Conference Call Participants Edward Kelly - Wells Fargo Michael Lasser - UBS Matthew Boss - JPMorgan Anders Myhre - Guggenheim Securities Simeon Gutman - Morgan Stanley Rupesh Parikh - Oppenheimer Paul Lejuez - Citigroup Chuck Grom - Gordon Haskett Seth Sigman - Barclays Krisztina Katai - Deutsche Bank Michael Montani - Evercore ISI Priya Ohri-Gupta - Barclays Operator Hello, and welcome to the Dollar Tree Q1 2024 Earnings Call. [Operator Instructions] A question and answer session will follow the formal presentation.
Although the revenue and EPS for Dollar Tree (DLTR) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Dollar Tree has announced that it is exploring a potential sale of its Family Dollar discount store brand that it purchased in 2015 for around $9 billion.
Discount retailer Dollar Tree (DLTR) announced Wednesday it will explore selling or spinning off its Family Dollar brand, and released first-quarter earnings that missed expectations.
Dollar Tree (DLTR) came out with quarterly earnings of $1.43 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.47 per share a year ago.
Dollar Tree is exploring a sale of its grocery-focused brand Family Dollar, after shuttering more than 500 stores in the past quarter The discounter reported first-quarter earnings that met expectations.