Dollar Tree, Inc.'s stock is rising as it sells Family Dollar for $1.007 billion, focusing on its flagship brand and reducing operating expenses. Q4 sales missed estimates but were in line after excluding Family Dollar; same-store sales rose 2%, indicating resilience despite economic pressure. Earnings and gross profit declined, impacted by higher selling expenses and strategic review costs; EPS guidance for fiscal 2025 is $5.00 to $5.50.
It was part of the Dollar Tree family.
DLTR's Q4 results reflect strength in the Dollar Tree segment. The company concludes the Family Dollar sale and classifies it as discontinued operations.
Dollar Tree says it has reached a deal to sell its long-struggling Family Dollar chain. The $1 billion sale comes a decade after the company bought the former rival.
Dollar Tree, Inc. (NASDAQ:DLTR ) Q4 2024 Earnings Conference Call March 26, 2025 8:00 AM ET Company Participants Robert LaFleur - SVP, IR Michael Creedon - CEO Jeff Davis - CFO Stewart Glendinning - Chief Transformation Officer Conference Call Participants Edward Kelly - Wells Fargo Michael Lasser - UBS Simeon Gutman - Morgan Stanley Matthew Boss - JPMorgan John Heinbockel - Guggenheim Securities Rupesh Parikh - Oppenheimer Chuck Grom - Gordon Haskett Kate McShane - Goldman Sachs Paul Lejuez - Citigroup Karen Short - Melius Research Seth Sigman - Barclays Operator Greetings, and welcome to the Dollar Tree Q4 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
Stash Graham considers Dollar Tree's (DLTR) $1 billion sale of Family Dollar a tailwind for the company. He points to the ways the company can inspire a turnaround story for its stock.
Discount retail stock Dollar Tree Inc (NASDAQ:DLTR) was last seen up 5.2% at $70.63, after the company announced it would be selling its Family Dollar business to Brigade Capital Management, LP and Macellum Capital Management, LLC for $1 billion.
The acquisition by a consortium that includes Brigade Capital Management and Macellum Capital Management confirms Wall Street Journal report.
Dollar Tree said it is winning over more high-income shoppers during a sustained period of high inflation. The company said it could use negotiations with suppliers, manufacturing changes and price increases to mitigate the effect of President Donald Trump's tariffs.
While the top- and bottom-line numbers for Dollar Tree (DLTR) give a sense of how the business performed in the quarter ended January 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Dollar Tree is selling its Family Dollar business as it struggled to drive traffic. The company is selling the brand to private equity firms to the tune of $1 billion.
Dollar Tree Inc. has announced the sale of its struggling Family Dollar business for $1 billion to investment firms Brigade Capital Management and Macellum Capital Management. Dollar Tree Inc.'s stock climbed 3.4% early Wednesday to lead S&P 500 premarket gainers, however, at 9:08 am pre-market, it was up by only 0.55%.