Consumer reluctance to engage in discretionary spending resulted in Dollar Tree’s second quarter being short of expectations. Net income was $132.4 million and diluted earnings per share was 62 cents versus $200.4 million, or 91 cents per diluted share, in the...
A big shift to consumables purchasing at Dollar General led to lower-than-expected second-quarter sales and earnings. Dollar General posted a net income of $468.8 million, or $2.13 per diluted share, versus $678 million, or $2.98 per diluted share, in the 2022...
Dollar Tree said shrink and purchasing shifts to consumables across its assortment impacted its first-quarter performance as earnings came up short of analyst estimates despite a revenue beat. For the quarter, Dollar Tree posted net income of $299 million, or $1.35...
