by Mike Duff | Nov 5, 2024 | Retail Articles
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...
by Mike Duff | Sep 4, 2024 | Retail Articles
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...
by Mike Duff | Jun 5, 2024 | Retail Articles
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...
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...
