Dollar Tree (DLTR) Posts Q1 Earnings, Starts Family Dollar Review
Dollar Tree's (DLTR) Q1 results reflect gains from strength across both banners, higher traffic and robust market share growth. DLTR mulls over the potential sale of the Family Dollar business.
Dollar Tree exploring sale of Family Dollar stores: ‘Chain needs a lot of work'
The company operates 8,359 Family Dollar stores, as of Feb. 3. It will close an additional 150 stores by fiscal 2024-end.
Dollar Tree, Inc. (DLTR) Q1 2024 Earnings Call Transcript
Dollar Tree, Inc. (NASDAQ:DLTR ) Q1 2024 Earnings Conference Call June 5, 2024 8:00 AM ET Company Participants Bob LaFleur - Senior Vice President, Investor Relations Rick Dreiling - Chief Executive Officer Jeff Davis - Chief Financial Officer Conference Call Participants Edward Kelly - Wells Fargo Michael Lasser - UBS Matthew Boss - JPMorgan Anders Myhre - Guggenheim Securities Simeon Gutman - Morgan Stanley Rupesh Parikh - Oppenheimer Paul Lejuez - Citigroup Chuck Grom - Gordon Haskett Seth Sigman - Barclays Krisztina Katai - Deutsche Bank Michael Montani - Evercore ISI Priya Ohri-Gupta - Barclays Operator Hello, and welcome to the Dollar Tree Q1 2024 Earnings Call. [Operator Instructions] A question and answer session will follow the formal presentation.
Dollar Tree (DLTR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Dollar Tree (DLTR) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Dollar Tree is exploring sale of Family Dollar brand
Dollar Tree has announced that it is exploring a potential sale of its Family Dollar discount store brand that it purchased in 2015 for around $9 billion.
Dollar Tree Posts Earnings Miss, May Sell or Spin Off Family Dollar
Discount retailer Dollar Tree (DLTR) announced Wednesday it will explore selling or spinning off its Family Dollar brand, and released first-quarter earnings that missed expectations.
Dollar Tree (DLTR) Matches Q1 Earnings Estimates
Dollar Tree (DLTR) came out with quarterly earnings of $1.43 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.47 per share a year ago.
Dollar Tree is exploring a sale of its Family Dollar brand
Dollar Tree is exploring a sale of its grocery-focused brand Family Dollar, after shuttering more than 500 stores in the past quarter The discounter reported first-quarter earnings that met expectations.
Dollar Tree is considering selling problem child Family Dollar
Dollar Tree is looking at "strategic alternatives" for Family Dollar, which could include selling the chain, it said Wednesday. Analysts have described Family Dollar as Dollar Tree's problem child and say it's been a drag on earnings.
Dollar Tree's stock dips as it discloses review of Family Dollar business, tornado damage to facility
Dollar Tree Inc.'s stock DLTR, -0.56% fell 0.3% early Wednesday, after the retailer met earnings expectations for its fiscal first quarter but also disclosed a review of its Family Dollar business and losses stemming from tornado damage to a facility. Chesapeake, Va.
Dollar Tree to explore sale of Family Dollar, WSJ reports
Dollar Tree plans to explore options including a potential sale or spinoff of Family Dollar, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Dollar Tree Explores Sale of Family Dollar
The discount retailer has tapped bankers at JPMorgan for strategic review.
