Dollar Tree (DLTR) volatility increases into Q2 and outlook
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
UBS Cuts Price Target on Dollar Tree (DLTR) to $100; Reiterates Buy
August 26, 2016 8:25 AM EDTUBS maintained a Buy rating on Dollar Tree (NASDAQ: DLTR), and cut the price target to $100.00 (from $108.00), following the company's 2Q earnings report.
Analyst Michael Lasser commented, "Its easy to take the view that WMT is becoming trouble for the dollar stores.... More
Piper Jaffray Remains Sidelined on Dollar Tree (DLTR) Following 2Q Comp Miss
August 26, 2016 8:18 AM EDTPiper Jaffray maintained a Neutral rating on Dollar Tree (NASDAQ: DLTR), and cut the price target to $85.00 (from $87.00), following the company's 2Q earnings report. DLTR missed comps with 1.2% coming in below 2.5% estimates. Management noted cannibalization from the Deal$ and FDO store re-bannering to DLTR was a -80 bps headwind to comp.... More
Dollar Tree (DLTR) Misses Q2 EPS by 1c; Updates FY16 Outlook
August 25, 2016 7:29 AM EDTDollar Tree (NASDAQ: DLTR) reported Q2 EPS of $0.72, $0.01 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $5.02 billion versus the consensus estimate of $5.09 billion.
Comps rose 1.2%.
GUIDANCE:
Dollar Tree sees Q3 2016 EPS of $0.76-$0.82,... More