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...
Although e-commerce gets a lot of attention, particularly now as brick-and-mortar-based retailers leverage the online part of their businesses to compete with Amazon and its Prime Day summer promotion, many major retailers remain committed to significant and long-term...
Dollar Tree nearly matched a first analyst consensus estimate in the first quarter, with earnings slightly above. While announcing its financial results, the company stated it was conducting a strategic review of its Family Dollar operation. Net income was $300.1...
Dollar Tree, in a move to expand its namesake banner, has acquired designation rights for 170 99 Cents Only Stores across Arizona, California, Nevada and Texas. Dollar Tree completed the deal in two transactions in May, approved by the United States Bankruptcy Court...
A range of retailers are preparing to release financial numbers during the next couple of weeks, and Placer.ai has compiled a list of their recent shopper traffic metrics that could provide a glimpse into the forthcoming results. The Placer.ai traffic tracker has...
