Dollar Tree, Inc. Reports Results for the Second Quarter Fiscal 2020
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Go back to Dollar Tree, Inc. Reports Results for the Second Quarter Fiscal 2020
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
August 27, 2020 1:55 PM EDT
RBC Capital analyst Scot Ciccarelli raised the price target on Dollar Tree (NASDAQ: DLTR) to $114.00 (from $106.00) while maintaining a Outperform rating.
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August 27, 2020 7:33 AM EDT
Dollar Tree (NASDAQ: DLTR) reported Q2 EPS of $1.10, $0.18 better than the analyst estimate of $0.92. Revenue for the quarter came in at $6.28 billion versus the consensus estimate of $6.22 billion.
Same-Store Sales by Segment: Family Dollar +11.6%, Dollar Tree +3.1% Enterprise Same-Store Sales Increased 7.2% Consolidated Net Sales Increased 9.4% to $6.28 Billion Diluted Earnings per Share Increased 44.7% to $1.10 vs. $0.76
Our store and distribution center teams have done a remarkable job of serving customers through an incredibly dynamic time in retail. Their continual efforts to ensure we are providing a clean, safe shopping... More
