Dollar Tree (DLTR) stock price has collapsed and is hovering at its lowest level since May 2020. It has plunged by about 60% from its highest level in 2022, bringing its market cap from over $47 billion to about $16 billion.
Dollar Tree (DLTR) closed at $71.27 in the latest trading session, marking a -0.32% move from the prior day.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Dollar Tree (DLTR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2024.
DLTR's Q3 results are expected to reflect pressures from soft consumer spending trends, offset by improved comps driven by higher traffic trends and market share gains.
Dollar Tree (DLTR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dollar Tree (DLTR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the most recent trading session, Dollar Tree (DLTR) closed at $61.21, indicating a -0.33% shift from the previous trading day.
Perhaps this list is a good place to start bargain-hunting.
Zacks.com users have recently been watching Dollar Tree (DLTR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Dollar Tree is rated as a Buy due to its low valuation, strategic initiatives, and potential upside from a Family Dollar spinoff or restructuring. Key initiatives include multi-price expansion, acquisition of 99 Cents Only stores, supply chain enhancements, and accelerated store growth focusing on Dollar Tree locations. Falling interest rates should boost discretionary sales, further supporting DLTR's profitability and growth potential.
In the closing of the recent trading day, Dollar Tree (DLTR) stood at $66.77, denoting a -0.06% change from the preceding trading day.
Rick Dreiling, the chief executive of discount retailer Dollar Tree, abruptly stepped down on Sunday, citing health concerns as the reason for his resignation.