Price: $69.1200
$-0.66
-0.946%
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Day's High:
| $69.39
| Week Perf:
| 9.4 %
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Day's Low: |
$ 67.79 |
30 Day Perf: |
4.32 % |
Volume (M): |
3,183 |
52 Wk High: |
$ 151.22 |
Volume (M$): |
$ 219,974 |
52 Wk Avg: |
$108.34 |
Open: |
$69.05 |
52 Wk Low: |
$60.49 |
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|
Market Capitalization (Millions $) |
14,875 |
Shares
Outstanding (Millions) |
215 |
Employees |
211,800 |
Revenues (TTM) (Millions $) |
30,966 |
Net Income (TTM) (Millions $) |
-1,065 |
Cash Flow (TTM) (Millions $) |
62 |
Capital Exp. (TTM) (Millions $) |
2,298 |
Dollar Tree Inc
Dollar Tree Inc. Overview
Company Profile: Dollar Tree Inc. is an American retail chain that operates a vast network of discount stores throughout the United States and Canada. The company is renowned for its unique pricing strategy, where all products are sold for $1 or less. This pricing model makes it a popular shopping destination, particularly for budget-conscious consumers. The stores offer a diverse selection of products, including household essentials, cleaning supplies, food and snacks, health and beauty aids, toys, party supplies, seasonal decorations, and more.
Founding and Growth: Founded in 1986 by Maury Epstein, Doug Perry, and Ray Comiskey as Only $1.00, the company underwent a rebranding to become Dollar Tree Inc. in the years that followed. The firm went public in 1995, marking the beginning of its significant growth trajectory. With its headquarters located in Chesapeake, Virginia, Dollar Tree has positioned itself as one of North Americas leading discount retailers.
Store Locations and Size: Dollar Tree operates over 15,000 stores, employing approximately 193,000 staff members. The retail locations vary between 8,000 to 12,000 square feet, catering to a wide variety of demographics. The stores can be found in urban, suburban, and rural areas, and they tend to thrive in low-to-middle-income neighborhoods. This extensive reach allows Dollar Tree to effectively serve a large customer base, emphasizing convenience and value.
Competitive Advantage: One of Dollar Trees primary competitive advantages lies in its substantial buying power. The company maintains a vast network of suppliers, which includes both domestic and international sources, enabling it to acquire high-quality products at low prices. Furthermore, Dollar Tree implements rigorous quality control processes to ensure that products meet specific standards for safety, quality, and value.
Customer Engagement and Loyalty Programs: Dollar Tree offers a customer loyalty program known as the Family Dollar Smart Coupon program, which gives customers access to exclusive offers and discounts. In addition, the company boasts an online store that allows customers to purchase items in bulk or access products that may not be available in their local stores.
Acquisitions and Market Position: In recent years, the company has expanded its reach through strategic acquisitions, including Family Dollar in 2015 and Dollar Express. These acquisitions have not only bolstered Dollar Tree's store count but also served to diversify its customer base, further solidifying its position in the discount retail market.
Conclusion: Overall, Dollar Tree Inc. stands as a well-established and successful retail chain that delivers affordable merchandise to a wide array of customers across North America. Its commitment to offering quality products at unbeatable prices has made it a favored shopping destination for those looking to maximize their budgets while enjoying a vast selection.
Company Address: 500 Volvo Parkway Chesapeake, 23320 VA
Company Phone Number: 321-5000 Stock Exchange / Ticker: NASDAQ DLTR
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Stock Performances by Major Competitors |
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Business Update
Published Tue, Nov 5 2024 8:21 AM UTC
Navigating Turbulence: Dollar Tree s Strategic Moves Amidst Leadership Change and Operational Challenges Dollar Tree, Inc. (NASDAQ: DLTR), a prominent player in the American discount retail market, finds itself at a pivotal juncture marked by leadership transitions, strategic acquisitions, and operational challenges. As the company embarks on a path to consolidate its market...
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Dollar Tree Inc
Dollar Tree, Inc. Reports Mixed Q2 Results: Navigating Challenges and Future Strategies In its recently released financial results for the second quarter ending August 3, 2024, Dollar Tree, Inc. (NASDAQ: DLTR) showcased a nuanced performance marked by low revenue growth juxtaposed with a significant decline in profitability. Despite a modest revenue elevation of 0.73%, the company's income plummeted by an alarming 31.87% compared to the same quarter the previous year. Revenue reached $7.38 billion, with earnings per share (EPS) reported at $0.62. These results signal broader troubles within the wholesale sector, where Dollar Tree has notably underperformed compared to its contemporaries, which reported top-line growth of 4.81% relative to Q2 2023. The combination of a revenue decline of 3.328% from the prior quarter and a staggering drop of 55.07% in profit per share from the previous quarter highlights ongoing challenges at Dollar Tree. A deeper look into the overall financial health reveals that the bottom line of $132.4 million marked a 33.93% decrease from $200.4 million in the corresponding quarter of the prior year. The company's efforts to enhance sales have led to a deterioration in net margins, which slipped to 1.79%. Operating earnings also saw a notable decline of 29.43%, compressing the operating margin from 3.93% a year earlier to 2.75%.
Navigating a Tough Retail Landscape Rick Dreiling, Chairman and CEO of Dollar Tree, acknowledged the educational journey the company is on in light of these results. He emphasized the positive customer response to new initiatives, including an expanded multi-price offering, even while navigating extensive pressures from a challenging macroeconomic environment. However, Dollar Tree's response?or lack thereof?to sector-wide growth raises questions about its competitive positioning. As competitors show resilience, Dollar Tree?s strategy of prioritizing sales growth must translate into sustainable profitability.
Strategic Review: Rethinking Family Dollar Adding another layer to the ongoing strategy, Dollar Tree has initiated a formal review of alternatives for its Family Dollar business segment. This process potentially involves various strategic options, including a sale, spin-off, or other forms of operational restructuring. This decision acknowledges the need for re-evaluation within an organization that has been striving to maximize its potential as a retail giant.
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Dollar Tree Inc
DLTR Reports Strong Financial Performance DLTR, or Dollar Tree Inc, has reported excellent financial results for the three months leading up to May 4, 2024. The company saw a revenue growth of 4.219%, reaching a total of $7.63 billion compared to $7.32 billion in the corresponding period the previous year. Furthermore, DLTR managed to grow its earnings per share (EPS) by 2.22% to $1.38 from $1.35 in the prior reporting season. Although the revenue gain for Dollar Tree Inc was lower than the 5.84% recorded by most Wholesale industry companies in the first quarter of 2023, the company's financial performance is still commendable. In the previous reporting season, DLTR realized a revenue of $8.64 billion and a bottom line of $-7.88 per share. However, the company has made great strides in improving its sales, resulting in a net margin of 3.93%.
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Business Update
Published Wed, Jun 5 2024 11:38 AM UTC
Dollar Tree Announces Strategic Alternatives for Family Dollar BusinessChesapeake, VA - Dollar Tree, Inc. (NASDAQ: DLTR) made a significant announcement today, revealing that the company has begun a formal review of strategic alternatives for its subsidiary, the Family Dollar business segment. This review encompasses various possibilities, including a potential sale, spin-of...
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Business Update
Published Wed, May 29 2024 12:38 PM UTC
Dollar Tree Expands Presence by Acquiring 170 Leases of 99 Cents Only Stores'Chesapeake, VA ' Dollar Tree, Inc. (NASDAQ: DLTR), a prominent player in the discount retail sector, has officially announced the completion of a significant acquisition involving 170 leases of 99 Cents Only Stores across four key states: Arizona, California, Nevada, and Texas. This transaction, c...
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Per Share |
Current |
Earnings (TTM) |
-4.91 $ |
Revenues (TTM) |
143.9 $
|
Cash Flow (TTM) |
0.29 $ |
Cash |
2.65 $
|
Book Value |
34.29 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-4.91 $
|
Revenues (TTM) |
143.9 $ |
Cash Flow (TTM) |
0.29 $ |
Cash |
2.65 $
|
Book Value |
34.29 $ |
Dividend (TTM) |
0 $ |
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Dollar Tree |
|
55.14 % |
of total Revenue |
Dollar Tree segments |
|
55.14 % |
of total Revenue |
Family Dollar |
|
44.86 % |
of total Revenue |
Family Dollar segments |
|
100 % |
of total Revenue |
Consumable Dollar Tree |
|
27.92 % |
of total Revenue |
Consumable Family Dollar |
|
35.98 % |
of total Revenue |
Variety Dollar Tree |
|
27.02 % |
of total Revenue |
Seasonal Dollar Tree |
|
0.2 % |
of total Revenue |
Home Products Family Dollar |
|
2.76 % |
of total Revenue |
Apparel And Accessories Family Dollar |
|
2.28 % |
of total Revenue |
Seasonal And Electronics Family Dollar |
|
3.85 % |
of total Revenue |
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