DLTR Stock Recent News
DLTR LATEST HEADLINES
Dollar Tree says it has reached a deal to sell its long-struggling Family Dollar chain. The $1 billion sale comes a decade after the company bought the former rival.
Dollar Tree, Inc. (NASDAQ:DLTR ) Q4 2024 Earnings Conference Call March 26, 2025 8:00 AM ET Company Participants Robert LaFleur - SVP, IR Michael Creedon - CEO Jeff Davis - CFO Stewart Glendinning - Chief Transformation Officer Conference Call Participants Edward Kelly - Wells Fargo Michael Lasser - UBS Simeon Gutman - Morgan Stanley Matthew Boss - JPMorgan John Heinbockel - Guggenheim Securities Rupesh Parikh - Oppenheimer Chuck Grom - Gordon Haskett Kate McShane - Goldman Sachs Paul Lejuez - Citigroup Karen Short - Melius Research Seth Sigman - Barclays Operator Greetings, and welcome to the Dollar Tree Q4 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
Stash Graham considers Dollar Tree's (DLTR) $1 billion sale of Family Dollar a tailwind for the company. He points to the ways the company can inspire a turnaround story for its stock.
Discount retail stock Dollar Tree Inc (NASDAQ:DLTR) was last seen up 5.2% at $70.63, after the company announced it would be selling its Family Dollar business to Brigade Capital Management, LP and Macellum Capital Management, LLC for $1 billion.
The acquisition by a consortium that includes Brigade Capital Management and Macellum Capital Management confirms Wall Street Journal report.
Dollar Tree said it is winning over more high-income shoppers during a sustained period of high inflation. The company said it could use negotiations with suppliers, manufacturing changes and price increases to mitigate the effect of President Donald Trump's tariffs.
While the top- and bottom-line numbers for Dollar Tree (DLTR) give a sense of how the business performed in the quarter ended January 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The stock market is little changed from earlier this morning, but the Nasdaq Composite has widened its declines to over 1%.
Dollar Tree is selling its Family Dollar business as it struggled to drive traffic. The company is selling the brand to private equity firms to the tune of $1 billion.
U.S. stocks traded mixed this morning, with the Nasdaq Composite falling around 1% on Wednesday.