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...
by Mike Duff | Jan 24, 2023 | Retail Articles
CEO and board member Mike Witynski is exiting Dollar Tree, and chairman Rick Dreiling will expand his role to assume the CEO title effective January 29. Dreiling and investment firm Mantle Ridge effectively took control of Dollar Tree last year and began replacing...
by Mike Duff | Nov 22, 2022 | Retail Articles
Consumers are looking to stretch budgets and Dollar Tree was a beneficiary in the third quarter as the company made changes to management, pricing and store standards to make it more competitive. Net income was $266.9 million, or $1.20 per diluted share, versus...
by Mike Duff | Jun 29, 2022 | Retail Articles
After a board of directors shakeup, Dollar Tree has announced multiple executive leadership changes the company said would support its growth and accelerate implementation of its value creation initiatives. The changes include Kevin Wampler transitioning out of his...
