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#1: Horse    To: All (#0)

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.

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