DLTR Stock Recent News

Dollar Tree is looking at "strategic alternatives" for Family Dollar, which could include selling the chain, it said Wednesday. Analysts have described Family Dollar as Dollar Tree's problem child and say it's been a drag on earnings.

A raft of companies are rising after their quarterly earnings beat expectations.

Dollar Tree Inc.'s stock DLTR, -0.56% fell 0.3% early Wednesday, after the retailer met earnings expectations for its fiscal first quarter but also disclosed a review of its Family Dollar business and losses stemming from tornado damage to a facility. Chesapeake, Va.

CHESAPEAKE, Va.--(BUSINESS WIRE)--Dollar Tree, Inc. (NASDAQ: DLTR) today reported financial results for its first quarter ended May 4, 2024. “We are pleased to deliver first quarter adjusted EPS results that are towards the high end of our outlook range,” said Rick Dreiling, Chairman and Chief Executive Officer. “At Dollar Tree we remain focused on rapidly rolling out our next generation of multi-price stores and at Family Dollar we are taking the steps necessary to position the business for lo.

CHESAPEAKE, Va.--(BUSINESS WIRE)--Dollar Tree, Inc. (NASDAQ: DLTR) today announced that the Company has initiated a formal review of strategic alternatives of the Company's 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 announce.

Dollar Tree plans to explore options including a potential sale or spinoff of Family Dollar, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

The discount retailer has tapped bankers at JPMorgan for strategic review.

Dollar Tree (DLTR) gains on robust restructuring and expansion initiatives as well as portfolio optimization efforts.

We enter a new Jobs Week rather quietly. By the end of Friday, we'll have seen new JOLTS numbers, the ADP private-sector jobs report, Weekly Jobless Claims and the full Employment Situation report for the month of May.

As we continue to look for weakness in the domestic economy, one key element would be erosion in the labor market.