Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Dollar Tree, Inc. Add to portfolio

NAS:DLTR, Jun 05, 04:16 UTC

Latest NAS:DLTR News

Filter your feed

Apply Filter

Thursday, May 28


News

Dollar Tree, Semtech rise; American Airlines, HP fall

DLTR HPQ +1 more DLTR HPQ AAL

The file sharing software company gave investors an encouraging profit forecast and solid first-quarter results. The maker of human resources software reported a jump in revenue on increased demand, beating analysts' forecasts. The personal computer and printer maker gave investors a weak profit forecast for the third quarter. The data storage company gave investors a surprisingly weak profit forecast for its fiscal first quarter.

Read Full Details

Topics:
  • Business
  • Financial

Sunday, May 03


News

Were Hedge Funds Right About Dollar Tree, Inc. (DLTR)?

DLTR

Our article also called for a total international travel ban. While we were warning you, President Trump minimized the threat and failed to act promptly. As a result of his inaction, we will now experience a deeper recession (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. With all of this in mind we're going to take a look at the key hedge fund action encompassing Dollar Tree, Inc. (NASDAQ:DLTR). How have hedgies been trading Dollar Tree, Inc. (NASDAQ:DLTR)?

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, April 01


News

Here's What Dollar Tree is Doing Amid Coronavirus Crisis?

DLTR

Dollar Tree Inc. DLTR is one of the retailers providing essential goods amid the growing Coronavirus-related concerns. Also, higher-than-expected costs related to investments in pay and benefits, as well as distribution and transportation related to the spike in demand for consumables are likely to get reflected in its fiscal first-quarter results. as Additionally, extra caution to be followed cleaning protocols in stores, distribution centers and its support centers are likely to add to the cost woes.Backed by the uncertainties related to the coronavirus outbreak as well as consumer demand and government policies, the company has withdrawn its outlook for the first quarter and fiscal 2020. Further, it has suspended all Family Dollar H2 renovations and Dollar Tree Snack Zone installations through Apr 27, 2020, to protect its employees.Moreover, the company expects its strong balance sheet, with ample liquidity, and a flexible business model to help steer through the uncertain environment. As of Mar 30, 2020, it had $1.9 billion of cash and investments, including $750 million drawn on its revolving credit facility. Furthermore, the company suspends its share repurchase activity under its currently available authorization of $800 million for the near term.As part of other efforts in the wake of the COVID-19 outbreak, the company on Mar 18 modified its store operating hours, directing all outlets to close at 8:00 p.m. local time.

Read Full Details

Topics:
  • Business
  • Financial

Friday, March 20


News

Dollar Tree, Family Dollar Plan To Hire 25,000 Associates

DLTR

Dollar Tree, Family Dollar Plan To Hire 25,000 Associates | NASDAQ. (RTTNews) - Dollar Tree and Family Dollar plan to hire 25,000 full-time and part-time associates at their stores and distribution centers across the U.S. The open positions include full-time and part-time managers at more than 15,000 store locations, along with flexible part-time shifts for cashiers and stockers. Family Dollar was acquired by Dollar Tree in 2015. However, each chain continues to maintain separate store operations.

Read Full Details

Topics:
  • Business
  • Health
  • Financial
  • Science

Wednesday, March 11


News

Should You Avoid Dollar Tree, Inc. (DLTR)?

DLTR

We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. This doesn't mean that they don't have occasional colossal losses; they do (like Peltz's recent General Electric losses). However, it is still a good idea to keep an eye on hedge fund activity. To most market participants, hedge funds are assumed to be unimportant, outdated investment vehicles of yesteryear. While there are greater than 8000 funds in operation today, Our researchers choose to focus on the masters of this club, around 850 funds. In January, we recommended a long position in one of the most shorted stocks in the market, and that stock returned more than 50% despite the large losses in the market since our recommendation.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, March 04


News

Dollar Tree Sees Tariffs Pressuring Profitability in 2020

DLTR

On Wednesday, Dollar Tree(NASDAQ: DLTR) announced mixed results for the fiscal fourth quarter that includes the key holiday shopping season. Sales at existing locations, known as comps, rose 1.4% in the Dollar Tree segment and fell by less than 1% at Family Dollar. Dollar Tree also noted weaker profitability thanks to higher tariff payments and increased labor costs. Yet earnings landed near the top of the outlook range management had issued. What's next? The retailer expects profit trends to improve later in the year, leading to earnings of between $4.80 per share and $5.15 per share compared to $4.76 per share in 2019.

Read Full Details

Story Sources

nasdaq.com fool.com
Topics:
  • Business
  • Financial
News

Dollar Tree Reports Mixed Q4 Earnings

DLTR

Dollar Tree (NASDAQ: DLTR) reported fourth-quarter earnings of $1.79 per share on Wednesday, which beat the analyst consensus estimate of $1.75 by 2.29%. This is a 7.25% decrease over earnings of $1.93 per share from the same period last year. The company reported quarterly sales of $6.32 billion, which missed the analyst consensus estimate of $6.39 billion by 1.10%. Dollar Tree sees first-quarter EPS $1-$1.09 versus the $1.20 estimate and sales $5.89-$5.99 billion versus the $6.03 billion estimate.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, March 03


News

Dollar Tree's Biggest Threat in Q4 May Not Be Tariffs, Transportation, or Family Dollar

DLTR

Dollar Tree's Biggest Threat in Q4 May Not Be Tariffs, Transportation, or Family Dollar | NASDAQ. Analysts and investors may be more interested about what management has to say about the future, particularly as it relates to China. Because Dollar Tree imports a "substantial majority" of the goods it sells from China, the coronavirus outbreak will likely play a bigger role in how the retailer performs. Having escaped the frying pan of more tariffs from a trade war, Dollar Tree may have jumped into the fire of a global health crisis. Dollar Tree had expected earnings to take a hit from higher tariffs. As the trade war between the U.S. and China was escalating, it looked as though tough, new, costly duties would be imposed on Chinese imports. While it had pulled forward orders early to get in ahead of the tariff hikes that were coming, Dollar Tree said new impositions were expected to cost it $19 million, or about $0.06 per share. However, both sides walked away from the brink, and the full measure of tariffs was never imposed.

Read Full Details

Story Sources

nasdaq.com fool.com
Topics:
  • Business
  • Financial

Tuesday, January 28


News

Dollar Tree Hits New 52-Week Low: Will the Downside Continue?

DLTR

Dollar Tree, Inc. DLTR hits new 52-week low of $86.19 on Jan 27, before closing the session slightly higher at $88.4. Notably, the Zacks Rank #3 (Hold) stock has declined 21.5% in the said period against the industry’s growth of 3%. Apart from these, the company’s dismal earnings performance in third-quarter fiscal 2019, owing to soft margins as well as a drab view for fiscal 2019 on high tariffs, raises concern. Additionally, Dollar Tree expects incremental pressure on merchandise margin, thanks to lower-margin consumables growing faster than planned; payroll costs in distribution centers; and increased run rates for repairs and maintenance, utilities, and depreciation, to affect results for the fiscal fourth quarter.

Read Full Details

Topics:
  • Business
  • Financial

Monday, January 13


News

Dollar Tree & Family Dollar Hosting Nationwide Management Hiring Event at Select Stores on January 22

DLTR

Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores, plans to hire store managers and assistant store managers during its Nationwide Management Hiring Event hosted at participating Dollar Tree and Family Dollar stores across the country on Wednesday, January 22. "As our Company continues to grow in 2020, we want to find highly motivated individuals for store leadership positions, which offer great benefits and numerous opportunities for a career in retail," stated Betty Click, Chief Human Resources Officer. With two distinguished brands, the Company is able to provide opportunities for career growth, along with more available hours of work for hourly-paid associates. Interviews will be conducted at participating U.S. store locations on January 22 from 10:00 AM to 7:00 PM local time.

Read Full Details

Topics:
  • Business
  • Financial