DLTR Stock Recent News
DLTR LATEST HEADLINES
Dollar Tree on Monday named retail industry veteran Duncan MacNaughton as the chief executive officer of the Family Dollar chain, which is in the process of being bought by a group of private-equity investors for about $1 billion.
CHESAPEAKE, Va.--(BUSINESS WIRE)--As Family Dollar prepares to become a standalone company, its future leadership team is taking shape. Dollar Tree, Inc. (NASDAQ: DLTR), in partnership with Brigade Capital Management and Macellum Capital Management, today announced that Duncan MacNaughton will serve as Chairman and Chief Executive Officer of Family Dollar following the close of the previously announced divestiture. Jason Nordin will continue to serve as President of Family Dollar. Mr. MacNaught.
Despite the mixed Q4 earnings and underperformance caused by Family Dollar in recent years, Dollar Tree still has respectable financials and growth potential. Dollar Tree is well-positioned to recover following the divestiture of Family Dollar for $1.007 billion, increasing profitability and significantly reducing operating costs while growing its flagship stores. The company plans to expand its Multi-Price Strategy from 2900 to 5200 store locations by the end of 2025, increasing its customer base and mitigating the effects of Trump's tariffs.
CHESAPEAKE, Va.--(BUSINESS WIRE)--Dollar Tree, Inc. (NASDAQ: DLTR) is proud to announce it has surpassed a major retail milestone with the opening of its 9,000th store, reinforcing the company's position as one of the fastest-growing and most powerful value retailers in North America. With a footprint now spanning thousands of communities across the U.S. and Canada, this achievement reflects Dollar Tree's steadfast focus on delivering value, convenience, and “thrill of the hunt” discovery in ev.
Dollar Tree (DLTR) closed at $86.06 in the latest trading session, marking a +0.41% move from the prior day.
At first sight, the two discount store chains appear similar enough. Sure, Dollar Tree's (DLTR 0.16%) distinguishing feature is a retail price point of $1.25 for at least most of its merchandise.
DLTR's store and product expansion is promising, yet rising expenses and soft discretionary demand weigh on performance.
Dollar Tree (DLTR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the most recent trading session, Dollar Tree (DLTR) closed at $80.89, indicating a +0.9% shift from the previous trading day.
CHESAPEAKE, Va.--(BUSINESS WIRE)--Dollar Tree, Inc. (NASDAQ: DLTR) today announced that Chief Supply Chain Officer Mike Kindy will retire, and that Roxanne Weng has been appointed as the company's new Chief Supply Chain Officer. Mr. Kindy joined the company in May 2023 and played an integral role in advancing the company's supply chain initiatives. “Mike has been a driving force in retail supply chain for more than 35 years, and we've been fortunate to benefit from his deep expertise and steady.