DLTR News and Press, Dollar Tree Inc. From 04/09/24

2024-04-09 06:56:10 ET Summary The Biden administration is expected to award over $6 billion to Samsung Electronics to boost chip production in Texas. Dollar stores, including Dollar General and Dollar Tree, were affected by the bankruptcy filing of 99 Cents Only. Norwegian Cr...

2024-04-08 15:18:21 ET Number Holdings, the parent company of discount retailer 99 Cents Only, filed for bankruptcy protection on Sunday as “significant and lasting challenges” in the retail environment have hindered the company’s ability to operate. The company cit...

2024-04-04 07:45:00 ET When it comes to the retail sector, the best companies often connect deeply with their frequent customers. Those stores that understand that and foster their customer relationships tend to have enduring businesses. Retailers that forget what made them great, meanwhile...

2024-04-03 14:27:36 ET More on Consumer Staples Select Sector SPDR ETF: XLP: Rotate Into This Lagging Sector KR and TGT top consumer staple gainers in Q1, while ADM and BF.B top losers Campbell Soup most shorted consumer staple stock; Coca-Cola least shorted during F...

2024-04-02 14:30:01 ET Wells Fargo analyst issues BUY recommendation for DLTR on April 2, 2024 01:01PM ET. The previous analyst recommendation was Buy. DLTR was trading at $133.19 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current an...

2024-04-01 11:11:03 ET More on S&P 500 Index: China PMI Is Better Than Expected But The Greenback Still Rises Above CNY7.23 The March Labor Report Preview: The Cracks Are Deepening S&P 500 Closes Its Best Quarter Since 2019 At Record High The least sh...

2024-03-29 14:17:00 ET More on Consumer Staples XLP: Rotate Into This Lagging Sector Campbell Soup most shorted consumer staple stock; Coca-Cola least shorted during Feb end Investors retract capital from the fund market for the third week in four Read the ...

2024-03-28 17:31:00 ET Summary I am giving a Buy rating on Dollar Tree Stores (DLTR) with a price target of $185. Lower freight costs and the closure of unprofitable Family Dollar stores will improve margins in FY24. Management has a good track record of meeting EPS guidance, ...

2024-03-20 17:04:53 ET The company's Family Dollar segment saw a 7.0% increase in net sales in fiscal 2023, driven by a 3.2% increase in comparable store sales and additional sales from non-comparable stores. Gross profit margin decreased due to increased shrink costs. Strategic initiatives f...

2024-03-18 09:15:20 ET Summary With the holiday earnings season for retailers nearly wrapped up, most have reported better-than-feared results at the top and bottom line. Flat or declining sales, however, remain a headwind for those retailers with a greater mix of discretionary of...