by Mike Duff | Mar 13, 2024 | Retail Articles
Dollar Tree, after coming up short Wall Street expectations in the fourth quarter, reported it plans to close nearly 1,000 Family Dollar stores as the company looks to regain momentum in the overall business. Net loss in the 14-week fourth quarter was $1.71 billion,...
by Mike Duff | Feb 9, 2024 | Retail Articles
Dollar Tree has substantially expanded the role of the company’s COO, Mike Creedon, in the latest leadership change at the company. Appointed COO in 2022 amidst a series of executive exits and entrances, he will add leadership of Dollar Tree and Family Dollar...
by Mike Duff | Nov 29, 2023 | Retail Articles
Dollar Tree fell short of Wall Street estimates for revenues and earnings in the third quarter, but the retailer posted solid comp store sales and pointed to market share gains in a conference call. Net income was $212 million, or 97 cents per diluted share, versus...
by Mike Duff | Aug 25, 2023 | Retail Articles
Dollar Tree earnings slipped in its second quarter, but it still beat a Wall Street estimate with help from a gain in comparable sales. The company also pointed out that it continues opening new stores including its Dollar Tree Plus format that stocks higher priced...
by Mike Duff | May 25, 2023 | Retail Articles
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...
