Trade of the Day: Wager on Cheapened Dollar Tree (DLTR) Calls
DLTRDollar Tree(DLTR) InvestorPlace·2024-03-14 20:17

On paper, discount retailer Dollar Tree (NASDAQ:DLTR) should thrive under the present challenging environment in the consumer economy. With stubbornly elevated inflation and high borrowing costs, DLTR stock should be a beneficiary of belt-tightening. Unfortunately, its fourth-quarter earnings report told a different story. According to Reuters, the retailer yesterday reported a net loss of 1.71billionor1.71 billion or 7.85 per share. This figure stood out against the year-ago period’s profit of 452.2millionor452.2 million or 2.04 ...