U.S. dollar chains report profit surge as downturn makes shoppers thrifty

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Raymond James Reiterates Market Perform Rating on Dollar Tree (DLTR)

August 28, 2020 7:36 AM EDT

Raymond James analyst Bobby Griffin reiterated a Market Perform rating on Dollar Tree (NASDAQ: DLTR) following the company's 2Q earnings report. Sales increased 9.4% y/y to $6.3 billion, above the $6.2 billion estimate. EPS was $1.10, above the $0.92 consensus.

Raymond James is now forecasting 3Q20... More