Dollar Tree (DLTR) Posts Q1 Earnings, Starts Family Dollar Review
DLTRDollar Tree(DLTR) ZACKS·2024-06-06 01:01

Dollar Tree, Inc. (DLTR) has reported mixed first-quarter fiscal 2024 results, with earnings in line with the Zacks Consensus Estimate and sales lagging the same marginally. The top line rose year over year, while the bottom line declined. The company’s results have benefited from gains across both segments, higher traffic and robust market share growth. However, product cost inflation, an unfavorable sales mix and elevated shrink continued to hurt. Alongside the results, the company has noted that it has b ...