"Dollar Tree to Close 1,000 Stores Following Family Dollar Takeover"

1 min read
Source: Investor's Business Daily
"Dollar Tree to Close 1,000 Stores Following Family Dollar Takeover"
Photo: Investor's Business Daily
TL;DR Summary

Dollar Tree's stock fell after missing Q4 earnings estimates and announcing plans to close hundreds of Family Dollar stores, while Williams-Sonoma's stock surged to all-time highs following an earnings beat and a 26% dividend raise. Dollar Tree reported a 25% increase in earnings but fell short of analyst expectations, while Williams-Sonoma reported a 1% decline in earnings but beat revenue estimates. Dollar General is expected to report its Q4 results early Thursday.

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