Dollar Tree (DLTR) Tops Q2 EPS by 1c; Guides Lower
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall St tumbles on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Dollar Tree (DLTR) Cuts EPS Guidance, Shares Tumble
August 25, 2022 12:59 PM EDTShares of Dollar Tree (NASDAQ: DLTR) are down more than 11% Thursday after the company reported earnings premarket, which missed revenue and guidance expectations.
The discount store chain reported a second-quarter profit of $1.60, $0.01 better than the analyst estimate of $1.59, with revenue missing the consensus estimate, coming in at $6.77 billion versus the $6.8 billion expected.
The company's same-store sales increased with Dollar Tree at +7.5%, Family Dollar at +2.0% and Enterprise at +4.9%.
"Our second quarter performance reinforces the relevance of our brands for millions of households pressured by higher costs for food, fuel, rent and more. We... More
Dollar Tree (DLTR) sinks 7% following lower guidance
August 25, 2022 7:33 AM EDTDollar Tree (NASDAQ: DLTR) sinks 7% following lower guidance
... More