Dollar Tree sees weak 2023 profit as costs mount, shoppers curb spending

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Dollar Tree (DLTR) guidance disappoints despite Q4 earnings beat

March 1, 2023 8:09 AM EST

(Updated - March 1, 2023 8:18 AM EST)

Dollar Tree (NASDAQ: DLTR) shares slipped 4% premarket Wednesday after the company's first quarter and full-year guidance disappointed investors.

The discount retailer topped profit and profit expectations in the fourth quarter, reporting earnings of $2.04 per share on revenue of $7.72 billion as consumers continue to look for lower-priced items amid the current inflationary... More