Dollar Tree, contemplating the reconstituting of its business, has made additional executive moves that could impact how the company approaches its Dollar Tree and Family Dollar store operations. The company has promoted Steve Schumacher to executive vice president...
Dollar Tree Chairman and CEO Rick Dreiling, citing health reasons, has stepped down from his leadership position, and the company named company COO Michael Creedon interim chief executive. In addition, Dollar Tree elected lead independent director Edward Kelly...
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...
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, 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,...
