Dollar Tree's Q2 Struggles: Analysts Question Pricing, Shrinkage, And Transformation Amid Macro Challenges
DLTRDollar Tree(DLTR) Benzinga·2024-09-05 02:28

Dollar Tree, Inc. DLTR shares are trading lower after the company reported worse-than-expected second-quarter financial results and cut the outlook.The discount variety stores chain reported an adjusted EPS of 0.67, missingtheconsensusof0.67, missing the consensus of 1.04, and down 26.4% year over year.Goldman Sachs analyst Kate McShane reiterated the Buy rating on the stock, with a price forecast of $145.Following the results, the analyst has expressed doubts regarding several aspects: the comparative performance at Family Dollar, ...