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The Latest Breaking News from Family Dollar

Dollar Tree Boosts Annual Outlook After Q3 Performance, Talks Family Dollar Strategic Review

Dollar Tree reports Q3 earnings beat, raising fiscal 2024 guidance. Family Dollar faces ~970 store closures amid strategic optimization efforts.

Benzinga

Cracking The Code: Understanding Analyst Reviews For Dollar Tree

Providing a diverse range of perspectives from bullish to bearish, 21 analysts have published ratings on Dollar Tree (NASDAQ:DLTR) in the last three months.

Benzinga

Preview: Dollar Tree's Earnings

Dollar Tree (NASDAQ:DLTR) is set to give its latest quarterly earnings report on Wednesday, 2024-12-04. Here's what investors need to know before the announcement.

Benzinga

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Down 60% From All-Time Highs, Can Dollar Tree Stock Recover After Q3 Earnings?

Shares of Dollar Tree have underperformed the broader markets in the last three years, due to slower consumer demand and rising costs.

Barchart

Dollar Tree CEO Suddenly Steps Down, Cites Recent Health 'Challenges'

Rick Dreiling, a former CEO of rival Dollar General, was 68 when he was appointed executive chairman in 2022 and he was named chief executive in 2023.

International Business Times

Is Dollar Tree Stock Underperforming the Dow?

Although Dollar Tree has underperformed the Dow Jones Industrials Average, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

Retail’s Perfect Storm: How Inflation And Consumer Slowdown Threaten Discount Stores

Discount retailers are navigating a pivotal moment as inflation bites into their already thin margins, forcing price hikes that alienate their price-sensitive customer base

Barchart

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Are Wall Street Analysts Bullish on Dollar Tree Stock?

While Dollar Tree has underperformed the broader market over the past year, Wall Street analysts remain moderately bullish about the stock’s prospects.

Barchart

Here's What to Expect From Dollar Tree's Next Earnings Report

As Dollar Tree gears up to unveil its second-quarter earnings next month, analysts are anticipating a double-digit growth in its bottom line.

Barchart

Dollar Tree sold recalled apple sauce

Many of the recalled products contained a lead concentration more than 200 times greater than the FDA's guidance

Salon

Store closures are rocking the US market. Here’s the restaurants and retailers shutting their doors

Many closures are the result of already-struggling companies reaching their breaking points and declaring bankruptcy

The Independent UK

Is the dollar store doomed? Local backlash and rising inflation are putting the brakes on explosive nationwide growth

Dollar stores have spread exponentially in recent years to more than 35,000 locations across the country, but many communities are fighting back after seeing local businesses destroyed by them, write Richard Hall and Alicja Hagopian

The Independent UK

Dollar Tree Puts Family Dollar Up For Sale Years After Disastrous Merger

Dollar Tree is putting Family Dollar up for sale after an $8.5 billion merger in 2015 failed to work.

International Business Times

Stock Market Today: Stocks Post Gains on Rising Rate-Cut Hopes

More signs of a cooling labor market boosted bets for a September rate reduction from the Fed.

Kiplinger

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Kiplinger

Dollar Tree Considers Selling Family Dollar: What To Know

Dollar Tree stock is lower Wednesday after the dollar-store chain reported earnings and announced a strategic review of its Family Dollar segment.

Fortune

Family Dollar could be sold or spun off

Divestiture would come after the closing of nearly 1,000 stores.

The Independent UK

Family Dollar may be sold as dollar store carnage continues

The rapid expansion of dollar stores across the US in recent years has been a retail phenomenon

The Independent UK

Dollar Tree buys up 99 Cents Only stores as retail giant looks to make up for closures

The move comes at a turbulent time for the dollar store industry as the retail giants consolidate and close stores

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StockNews.com

3 Retail Stocks to Avoid in May

Persistent inflation and high interest rates are significantly affecting consumer spending. Despite this, the retail industry is set for long-term profitability, driven by shifting consumer tastes, technological innovations, and e-commerce growth. Amid this, retail stocks Grocery Outlet (GO), Dollar Tree (DLTR), and Dollar General (DG) are best avoided now. Read…

The Independent UK

Moment police confront woman living in grocery store roof sign

The woman had a coffeemaker, desk and houseplant in the makeshift home on top of Family Dollar store in Michigan

The Guardian - US

99 Cents Only discount chain to close all US stores

Company’s interim CEO says economic pressures have ‘greatly hindered the company’s ability to operate’

Kiplinger

Dollar Tree Raises Max Price to $7: Which Items Will Cost More?

Dollar Tree is raising prices from a $5 cap set in June to $7 as higher earners flock to the retail giant

Salon

How dollar stores link to food deserts

“Dollar stores are now the fastest-growing food retailers in the contiguous United States"

WEKU

Dollar Tree to close nearly 1,000 stores as it posts a fourth quarter loss

Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year and 370 Family Dollar and 30 Dollar Tree stores over the next several years.

Kiplinger

Stock Market Today: Stocks End Mixed Ahead of Retail Sales, PPI

Stocks took a breather Wednesday as investors looked ahead to tomorrow's inflation data.

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