Edition:
United States

Dollar Tree Inc (DLTR.OQ)

DLTR.OQ on NASDAQ Stock Exchange Global Select Market

99.77USD
22 Nov 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$99.77
Open
--
Day's High
--
Day's Low
--
Volume
3
Avg. Vol
779,870
52-wk High
$100.74
52-wk Low
$65.79

Latest Key Developments (Source: Significant Developments)

Dollar Tree CFO- "Consumer still seeing a lot of pressure on costs increase with rent and food and health care and taxes"
Thursday, 25 Aug 2016 10:06am EDT 

Dollar Tree Inc : On conf call- merchandise margin increased in q2 . On conf call- opened a total of 99 new Dollar Tree stores in Q2 . New and newly re-bannered stores increased cannibalization of comparable sales in Q2, expect this to be a headwind through remainder of year . Currently reviewing opportunities to refinance our current debt structure given market conditions in the capital markets . Ceo- "our SNAP or food stamp penetration is fairly small to begin with, especially in the Dollar Tree segment so it's less than 5%" . Certainly our customers at Family Dollar are still under pressure from snap cuts . "I can't tell you (competition) is an issue anymore for us than it usually is" . Cfo- " consumer still seeing a lot of pressure on costs increase with rent and food and health care and taxes" Further company coverage: [DLTR.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Dollar Tree Q2 EPS $0.72
Thursday, 25 Aug 2016 07:24am EDT 

Dollar Tree Inc : Dollar tree, Inc reports results for the second quarter fiscal 2016 . Sees FY 2016 earnings per share $3.67 to $3.82 . Sees q3 2016 sales $5.02 billion to $5.1 billion . Sees FY 2016 sales $20.69 billion to $20.87 billion . Q2 sales $5.0 billion versus I/B/E/S view $5.09 billion . Sees q3 2016 earnings per share $0.76 to $0.82 . Q2 earnings per share $0.72 . Q2 earnings per share view $0.73 -- Thomson Reuters I/B/E/S . Sees low single-digit increase in same-store sales in q3 . Full-Year 2016 sales outlook is based on a low single-digit increase in same-store sales . Q3 earnings per share view $0.76, revenue view $5.13 billion -- Thomson Reuters I/B/E/S . FY earnings per share view $3.79, revenue view $20.97 billion -- Thomson Reuters I/B/E/S .Q2 same store sales rose 1.2 percent, on a constant-currency basis.  Full Article

Dollar Tree to eliminate 370 positions amid merger integration
Thursday, 4 Aug 2016 05:00pm EDT 

Dollar Tree Inc : Shared back-office functions created to leverage costs across both banners . "plan to keep our customer-facing organizations separate and focused on individual banners" . Dollar tree announces corporate restructuring related to merger integration . Company will eliminate 370 positions, including 100 vacant positions, at its family dollar store support center in Matthews, NC . Company expects to incur pre-tax expense of approximately $6 million during fiscal 2016 related to restructuring . Says expects to incur pre-tax expense of approximately $6 million during fiscal 2016 . Store operations and merchandising functions will remain largely unchanged .Believes it is well positioned to achieve $300 million in combined run rate annual synergies by end of 3rd year following July 2015 acquisition.  Full Article

Dollar Tree CEO on conf call- "In all retail cycles consumers are looking for value"
Thursday, 26 May 2016 10:01am EDT 

Dollar Tree Inc : On conf call- top-performing categories included household products, food, snacks and beverage and party supplies . On conf call- same-store sales growth was strongest in the Mid Atlantic followed closely by the midwest and the northeast . On conf call- primary contributor to year-over-year increase in inventory levels relates to west coast port disruptions a year ago . On conf call- believe current inventory levels appropriate to support scheduled new store openings and q2 sales initiatives . On conf call- inventory per selling square foot increased 7.2% at Q1 quarter end . On conf call- have budgeted lower diesel fuel and import freight costs than a year ago in outlook . Ceo on conf call- "in all retail cycles consumers are looking for value no matter what the state of the economy" . Exec on conf call- "when times are tough we'll sell more consumer goods when times improve we sell a little more discretionary" . Exec on conf call- in Q1 sold a little more discretionary product because of the impact of easter . Exec on conf call- our discretionary business has been a very bright spot for us, outpacing our consumables this quarter Further company coverage: [DLTR.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Dollar Tree posts Q1 earnings per share $0.98
Thursday, 26 May 2016 07:30am EDT 

Dollar Tree Inc : Dollar tree, inc. Reports results for the first quarter fiscal 2016 . Q1 earnings per share $0.98 . Q1 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Sees low single-digit increase in same-store sales for Q2 . Sees low single-digit increase in same-store sales for FY . Q1 same store sales rose 2.3 percent . Q2 earnings per share view $0.75, revenue view $5.09 billion -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $3.58 to $3.80 . Sees Q2 2016 sales $5.03 billion to $5.12 billion . Sees FY 2016 sales $20.79 billion to $21.08 billion . Q1 sales $5.09 billion versus I/B/E/S view $5.1 billion .Sees Q2 2016 earnings per share $0.66 to $0.72.  Full Article

Dollar Tree, Inc announces departure of CEO
Friday, 8 Jan 2016 07:30am EST 

Dollar Tree, Inc:Announces departure of howard r. levine, CEO of family Dollar.Says gary philbin continues to lead family Dollar as president & chief operating officer.  Full Article

Dollar Tree Inc recalls burn relief gel - Reuters
Thursday, 10 Dec 2015 02:04pm EST 

Dollar Tree Inc:Dollar Tree Recalls Burn Relief Gel Due To Failure To Meet Child Resistant Closure Requirement - RTRS.U.S. Consumer Product Safety Commission Says Dollar Tree Recalling About 325,000 Units Of Assured Burn Relief Gel - RTRS.  Full Article

Photo

Dollar Tree profit beats estimates on higher customer traffic

Dollar Tree Inc , the biggest U.S. dollar-store chain operator, on Tuesday reported third-quarter comparable store sales and profit that beat Wall Street estimates, helped by higher customer traffic and spending at its stores.