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Title: Dollar Tree Shares Plunge After Earnings Miss, Plans 600 Store Closure Amid Customer Spending Pullback
Source: [None]
URL Source: https://www.zerohedge.com/markets/d ... 00-store-closure-amid-customer
Published: Mar 13, 2024
Author: Tyler Durden
Post Date: 2024-03-13 12:25:32 by Horse
Keywords: None
Views: 99
Comments: 1

Whoops.

Poster Comment:

Even the poor cannot make it. However, Dollar Tree seems to be pricier than Dollar General or Family Dollar.

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Shares of Dollar Tree Inc. are sliding Wednesday premarket. The discount retailer missed fourth-quarter profit expectations and offered a dismal outlook for the first quarter as shoppers spend less. The retailer plans to shutter more than 600 stores.

Dollar Tree posted adjusted earnings for the fourth quarter of $2.55 per share on revenue of $8.63 billion. Analysts polled by Bloomberg had anticipated $2.66 per share on revenue of $8.67 billion.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2024-03-13   12:36:18 ET  Reply   Trace   Private Reply  

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