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Dollartree

All articles tagged with #dollartree

business1 year ago

Dollar Tree Faces Price Hikes and Product Cuts Amid Tariff Concerns

Dollar Tree has warned of potential price increases due to proposed tariffs by President-elect Donald Trump, which could impact the cost of imported goods. The discount retailer, which has already raised prices in recent years, is considering strategies like altering product specifications, negotiating with suppliers, or eliminating products to manage costs. Despite a 3.5% increase in net sales, Dollar Tree's shares have dropped significantly, reflecting consumer resistance to price hikes amid inflationary pressures.

via TheStreet|
#business#dollartree#inflation
business1 year ago

Dollar Tree Surges Amid CFO Departure and Raised Sales Outlook

Dollar Tree and Foot Locker reported contrasting quarterly earnings, with Dollar Tree seeing a 16% rise in earnings per share and a 3.5% increase in revenue, beating expectations. The company is reviewing strategic options for its Family Dollar business. Foot Locker, however, missed earnings expectations with a slight increase in adjusted earnings and a 1.4% decline in sales, leading to a lowered guidance for 2024. This negatively impacted Nike's stock, which slid alongside Foot Locker's shares.

via Investor's Business Daily|
#business#dollartree#earningsreport
business1 year ago

Dollar Tree Stock Climbs Amid Strong Q3 Results and Raised Sales Outlook

Dollar Tree's stock rose nearly 5% on Wednesday after the company reported better-than-expected third-quarter earnings, with adjusted EPS of $1.12 and sales of $7.57 billion, both surpassing analyst expectations. The company saw a 1.8% increase in same-store net sales, driven by higher traffic. Dollar Tree is also closing underperforming Family Dollar stores as part of a strategic review. The company provided updated guidance for fiscal 2024, expecting sales between $30.7 billion and $30.9 billion and adjusted EPS of $5.31-$5.51.

via Benzinga|
#business#dollartree#earningsreport
lifestyle1 year ago

Budget-Friendly Thanksgiving Feast Goes Viral with Dollar Tree Finds

Rebecca Chobat, known for her TikTok account Dollar Tree Dinners, has gone viral for creating a Thanksgiving meal for four people using only $20 worth of ingredients from Dollar Tree. Her video, which has garnered over 8 million views, resonates with many facing financial challenges despite a technically booming economy. Chobat's approach offers an affordable alternative to traditional holiday meals, challenging the notion that cooking must be elaborate or expensive. Her content has gained significant attention, highlighting empathy and resourcefulness during economic uncertainty.

via Yahoo Life|
#budgetcooking#dollartree#economicuncertainty
lifestyle1 year ago

Viral $20 Dollar Tree Thanksgiving Dinner Sparks Budget-Friendly Feasts

Rebecca Chobat, known as Dollar Tree Dinners on TikTok, has gone viral for creating a three-course Thanksgiving meal using only $20 worth of ingredients from Dollar Tree. Her video, which has garnered nearly three million views, showcases budget-friendly recipes that have resonated with many, including a single mother who used the idea to provide a holiday meal for her family. Chobat's initiative has been praised for making holiday meals accessible to those on a tight budget.

via WKRC TV Cincinnati|
#budgetcooking#dollartree#lifestyle
finance1 year ago

Key Insights for Today's Stock Market Opening

Stock futures rose as investors await the presidential election results and the Federal Reserve's interest rate decision. Boeing shares increased after its machinists' union ended a strike with a new contract. Palantir's stock surged due to a 30% revenue increase driven by AI demand. Dollar Tree shares gained following the CEO's resignation, and Astera Labs saw a 25% rise in shares after reporting significant revenue growth as a supplier to Nvidia.

via Investopedia|
#asteralabs#boeing#dollartree
finance1 year ago

S&P 500 Fluctuates as Tech Stocks Drive Record Highs and Plunges

U.S. stocks were mixed as the Dow Jones Industrial Average rose 129 points, the S&P 500 fluctuated, and the Nasdaq Composite fell. Investors digested gains from the previous session and a hotter-than-expected inflation report, while anticipating a potential interest-rate cut by the Federal Reserve. Tech stocks and hopes of economic strength continued to drive market sentiment. Dollar Tree, Petco, and Tesla were among the companies in focus, with Dollar Tree missing profit expectations and Tesla being downgraded by Wells Fargo.

via MarketWatch|
#dollartree#federalreserve#finance