Dollar Tree (DLTR) PT Bumped Higher at Piper Jaffray, Remains Sidelined
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Dollar Tree sales beat estimates after Family Dollar deal
November 24, 2015 7:42 AM EST(Reuters) - Dollar Tree Inc (NASDAQ: DLTR) reported better-than-expected net sales for the third quarter, its first since acquiring Family Dollar and becoming the largest discount retailer in the United States.
The company's shares rose as much as 7 percent to $74.47 in early trading on Tuesday.
Higher rents, taxes and healthcare costs are pushing low-income Americans to rein in spending, helping discount retailers to win more business, Dollar Tree Chief Executive Bob Sasser said on a conference call.
... MoreDollar Tree (DLTR) Tops Q3 EPS Views; Guides FY15 Below Expectations
November 24, 2015 7:33 AM ESTDollar Tree (NASDAQ: DLTR) reported Q3 EPS of $1.33, $0.80 better than the analyst estimate of $0.53. Revenue for the quarter came in at $4.95 billion versus the consensus estimate of $4.84 billion.
The increase was the result of $2.67 billion in sales from the Family Dollar... More
