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Dollar Tree Inc (DLTR.OQ)

DLTR.OQ on NASDAQ Stock Exchange Global Select Market

86.99USD
22 Jun 2018
Change (% chg)

$0.77 (+0.89%)
Prev Close
$86.22
Open
$86.58
Day's High
$87.35
Day's Low
$86.38
Volume
2,200,307
Avg. Vol
1,088,634
52-wk High
$116.65
52-wk Low
$66.01

Latest Key Developments (Source: Significant Developments)

Dollar Tree Files With The U.S. SEC For Potential Debt Shelf, Size Undisclosed
Monday, 2 Apr 2018 02:39pm EDT 

April 2 (Reuters) - Dollar Tree Inc ::DOLLAR TREE FILES WITH THE U.S. SEC FOR POTENTIAL DEBT SHELF, SIZE UNDISCLOSED.  Full Article

Dollar Tree Says Board Amended Bylaws To Increase Number Of Directors To 13
Friday, 16 Mar 2018 09:16am EDT 

March 16 (Reuters) - Dollar Tree Inc ::DOLLAR TREE SAYS BOARD AMENDED CO'S BYLAWS TO INCREASE NUMBER OF DIRECTORS TO 13 - SEC FILING.  Full Article

Dollar Tree Says Settled Lawsuit Relating To Co's Divestiture Of 330 Family Dollar Stores To Dollar Express
Thursday, 4 Jan 2018 04:29pm EST 

Jan 4 (Reuters) - Dollar Tree Inc ::DOLLAR TREE SAYS SETTLED PREVIOUSLY REPORTED LAWSUIT RELATING TO CO'S NOV 2015 DIVESTITURE OF 330 FAMILY DOLLAR STORES TO DOLLAR EXPRESS LLC.DOLLAR TREE SAYS ‍UNDER TERMS OF SETTLEMENT, SYCAMORE PARTNERS AND DOLLAR EXPRESS PAID COMPANY $35.0 MILLION​ - SEC FILING.DOLLAR TREE- ‍IN CONNECTION WITH SETTLEMENT, PARTIES TO LAWSUIT AGREED TO MUTUAL RELEASES, DISMISSAL OF LITIGATION CLAIMS, COUNTERCLAIMS WITH PREJUDICE​.DOLLAR TREE - SETTLEMENT OF LITIGATION EXPECTED TO RESULT IN PARTIAL REVERSAL OF RECEIVABLES IMPAIRMENT OF $35.0 MILLION IN CO'S Q4 2017 INCOME STATEMENT.DOLLAR TREE - ‍DETERMINED OUTSTANDING $53.5 MILLION AMOUNT NOT RECOVERABLE FROM DOLLAR EXPRESS, RECORDED IMPAIRMENT CHARGES TO WRITE DOWN RECEIVABLES TO 0.  Full Article

Dollar Tree reports Q3 earnings per share $1.01
Tuesday, 21 Nov 2017 07:31am EST 

Nov 21 (Reuters) - Dollar Tree Inc :Dollar Tree Inc reports results for the third quarter fiscal 2017.Sees fy 2017 earnings per share $4.64 to $4.73.Sees Q4 2017 sales $6.32 billion to $6.43 billion.Sees fy 2017 sales $22.2 billion to $22.31 billion.Q3 sales $5.32 billion versus I/B/E/S view $5.28 billion.Sees Q4 2017 earnings per share $1.80 to $1.89.Q3 earnings per share $1.01.Q3 earnings per share view $0.90 -- Thomson Reuters I/B/E/S.Dollar Tree Inc - qtrly ‍enterprise same-store sales increased 3.2 pct​.Dollar Tree Inc qtrly ‍same-store sales by segment: Dollar Tree +5.0 pct, family dollar +1.5 pct​.Dollar Tree Inc - ‍during quarter, company opened 169 stores, expanded or relocated 23 stores, and closed six stores​.Fy earnings per share view $4.69 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $1.79, revenue view $6.37 billion -- Thomson Reuters I/B/E/S.Dollar Tree Inc - ‍ consolidated net sales for fy 2017 estimate based on a low single-digit increase in same-store sales, 3.7 pct square footage growth​.  Full Article

Omega Advisors Inc dissolves share stake in Dollar Tree, cuts share stake in Gigamon
Tuesday, 14 Nov 2017 10:48am EST 

Nov 14 (Reuters) - Omega Advisors Inc :Omega Advisors Inc dissolves share stake in Dollar Tree Inc - SEC filing.Omega Advisors Inc cuts share stake in Gigamon Inc by 34 percent to 366,897 shares.Omega Advisors Inc dissolves share stake in Bluebird Bio.Omega Advisors Inc dissolves share stake in Arris International.Omega Advisors Inc - Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.Source text for quarter ended Sept 30, 2017 (http://bit.ly/2yZQl6V).Source text for quarter ended June 30, 2017: (http://bit.ly/2vxgIhn)delivered.  Full Article

Dollar Tree reports planned leadership succession
Monday, 18 Sep 2017 08:00am EDT 

Sept 18 (Reuters) - Dollar Tree Inc ::Dollar Tree - ‍bob Sasser elevated to role of executive chairman, Gary Philbin promoted to president, chief executive officer and appointed to board​.  Full Article

Dollar Tree says in Aug 2017, 43 current and former employees filed suit against company in State Court in California‍​ - SEC Filing
Thursday, 24 Aug 2017 09:40am EDT 

Aug 24 (Reuters) - Dollar Tree Inc :Dollar Tree Inc says in August 2017, 43 current and former employees filed suit against company in State Court in California‍​ - SEC Filing.Dollar Tree - Suit by current,former employees alleging improper classification as exempt employees among other things, failure to receive overtime compensation.  Full Article

Dollar Tree reports Q2 EPS $0.98
Thursday, 24 Aug 2017 07:30am EDT 

Aug 24 (Reuters) - Dollar Tree Inc :Dollar Tree reports results for the second quarter fiscal 2017.Sees FY 2017 earnings per share $4.44 to $4.60.Sees Q3 2017 sales $5.2 billion to $5.29 billion.Sees FY 2017 sales $22.07 billion to $22.28 billion.Q2 sales $5.28 billion versus I/B/E/S view $5.24 billion.Q2 same store sales rose 3.9 percent.Sees Q3 2017 earnings per share $0.83 to $0.90.Q2 earnings per share $0.98.Q2 earnings per share view $0.87 -- Thomson Reuters I/B/E/S.Qtrly ‍same-store sales by segment: dollar tree +3.9 pct, family dollar +1.0 pct​.‍During quarter , co recorded $2.6 million, or $0.01 per diluted share, of impairment charges related to its receivable from Dollar Express​.Sees Q3 ‍ low single-digit increase in same-store sales for combined enterprise​.‍During quarter, company opened 133 stores, expanded or relocated 31 stores, and closed 34 stores​.Sees ‍FY low single-digit increase in same-store sales​.Q3 earnings per share view $0.87 -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $3.79 -- Thomson Reuters I/B/E/S.  Full Article

Dollar Tree CEO Bob Sasser's Fiscal Year 2016 total compensation was $10.6 mln
Friday, 5 May 2017 10:36am EDT 

May 5 (Reuters) - Dollar Tree Inc :Dollar Tree Inc - CEO Bob Sasser's Fiscal Year 2016 total compensation was $10.6 million versus $9.5 million in Fiscal Year 2015.Dollar Tree Inc says Enterprise Prisident, Gary Philbin's Fiscal Year 2016 total compensation was $9.7 million versus $4.7 million in Fiscal Year 2015 - sec filing.Dollar Tree Inc says President and COO, Family Dollar Stores, Duncan Mac Naughton's Fiscal Year 2016 total compensation was $6.6 million.  Full Article

Dollar Tree - "We are going to watch everyone this year as we go into price checks ...we will react accordingly"
Wednesday, 1 Mar 2017 10:06am EST 

Dollar Tree Inc : At conf call - operate 226 stores in canada and believe we have an opportunity for 1000 stores over time . Q4 top-performing categories for Dollar Tree include candy, seasonal, party supplies , snacks and beverages, toys and household products . Q4 top-performing categories for Family Dollar included electronics, snacks and beverage, candy, men's apparel and cough and cold supplies . 2017 real estate plans include 650 new stores- 350 Dollar Tree and 300 Family Dollar stores. . Planning for capital expenditures of $760 million-$780 million, will be focused on new stores and remodels . Forecast does not include share repurchases for 2017 . CEO- "we, like most other retailers, feel that the border tax would result in a significant burden to the consumer, both through reduced choices and higher prices" . CEO- "working with the NRF , Retail Industry Leaders Association and the Americans For Affordable Products group to express our concerns" . On rivals investing in price- "we are going to watch everyone this year as we go into price checks and see what they are doing across the shelves and we will react accordingly, but to some degree, it's not new news" . "we are going to be mindful of where a Walmart is (on pricing) and certainly anybody in our sector , but we have more than one tool to go to to show customers value in our store" Further company coverage: [DLTR.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

REFILE-US STOCKS-Wall St slips as U.S. tariffs spark trade war fears

May 31 U.S. stocks fell on Thursday after the United States moved to impose metal tariffs on imports from Canada, Mexico and the European Union, prompting a tit-for-tat response from some of its trading partners.