Explained: why Dollar Tree investors should cheer the Family Dollar sale
Dollar Tree Inc (NASDAQ: DLTR) is inching up this morning after confirming the sale of “Family Dollar” that has long been a burden on its overall financials. The discount retailer reported a wider-than-expected loss for its fiscal Q4 today, but investors are focusing more on the Family Dollar news.
Cramer's Mad Dash: Dollar Tree
Jim Cramer discusses Dollar Tree's plan to sell Family Dollar business to private equity firms for $1 billion.
DLTR's "Terrible" Earnings, GME Bets on Bitcoin
Jenny Horne doesn't mince words when it comes to Dollar Tree's (DLTR) earnings, calling the report "terrible." The company will also sell Family Dollar for just over $1 billion.
Dollar Tree Sells Family Dollar to Private Investors for $1 Billion
A decade after acquiring Family Dollar for more than $8 billion, Dollar Tree is selling the chain. A pair of private equity groups will acquire Family Dollar for $1 billion, according to a Wednesday (March 26) press release.
Dollar Tree to sell Family Dollar for $1B
Dollar Tree, Inc. (NASDAQ:DLTR) announced it will sell its struggling Family Dollar chain to private equity firms Brigade Capital Management and Macellum Capital Management for $1 billion, a fraction of the $9 billion it paid for the discount retailer in 2015. The deal, expected to close next quarter pending regulatory approval, marks the end of Dollar Tree's attempt to integrate Family Dollar, which has struggled with messy stores, high prices, and stiff competition from Dollar General (DG.N) and Walmart (WMT.N).
Dollar Tree (DLTR) Misses Q4 Earnings and Revenue Estimates
Dollar Tree (DLTR) came out with quarterly earnings of $2.11 per share, missing the Zacks Consensus Estimate of $2.18 per share. This compares to earnings of $2.55 per share a year ago.
Short: Selling Family Dollar is a win-win for Dollar Tree
Karen Short, Head of Consumer Research at Melius, discusses Dollar Tree's sale of Family Dollar, its impact on earnings, and consumer trends. She highlights tariff risks and potential stock upside.
Dollar Tree Stock Rises on $1B Family Dollar Sale to Private-Equity Firms
Shares of Dollar Tree (DLTR) surged nearly 7% in premarket trading Wednesday after the discount retailer reached a deal to sell its Family Dollar brand to a pair of private-equity firms for $1 billion.
Dollar Tree to sell Family Dollar business for $1 billion, WSJ reports
Dollar Tree is nearing a sale of its Family Dollar business to a consortium of private-equity investors for about $1 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Dollar Tree to Sell Family Dollar Business for $1 Billion
A duo of private-equity firms is set to buy the discount chain.
Home Prices Increased Less Than Expected
We have stock market news this week. From housing to consumer spending to jobless claims — even some earnings reports, such as Lululemon ( LULU ) and Dollar Tree ( DLTR ) — we have a decent spread to feed the knowledge which leads to trading trajectories.
Top Wall Street Forecasters Revamp Dollar Tree Price Expectations Ahead Of Q4 Earnings
Dollar Tree, Inc. DLTR will release its fourth-quarter financial results before the opening bell on Wednesday, March 26.
