Dollar Tree (DLTR) slumps after cutting full-year profit expectations

Dollar Tree cuts profit target on slowing demand, higher costs; shares slump

By Aatrayee Chatterjee and Granth Vanaik

(Reuters) -Dollar Tree Inc on Thursday trimmed its full-year profit forecast after missing quarterly profit estimates, hurt by slowing demand for discretionary items and elevated cost pressures, sending shares of the retailer down more than 14%.

With stubborn inflation, the company is experiencing a fall in demand for higher-margin discretionary goods compared to  perishables like snacks and cookies, that has dented margins at a time when... More

Dollar Tree (DLTR) Misses Q1 EPS by 5c, Lowers Guidance

Dollar Tree (NASDAQ: DLTR) reported Q1 EPS of $1.47, $0.05 worse than the analyst estimate of $1.52. Revenue for the quarter came in at $7.32 billion versus the consensus estimate of $7.28 billion.

GUIDANCE:

Dollar Tree sees FY2024 EPS of $5.73-$6.13, versus the consensus... More

Dow futures fall 60 pts after Fitch warning; Nvidia powers tech sector higher

Investing.com -- U.S. stocks are seen opening in a mixed fashion Thursday with increased fears over a debt default weighing, but an upbeat earnings report from chipmaker Nvidia is seen powering the tech sector higher.

At 06:50 ET (10:50 GMT), the Dow Futures contract was down 60 points or 0.2%, while S&P 500 Futures traded 25 points or 0.6% higher and Nasdaq 100 Futures climbed 240 points or 1.8%.

The major indices closed lower Wednesday, with the blue-chip Dow Jones Industrial Average dropping over 250 points or 0.8%, the broad-based S&P 500 falling 0.7%, and the Nasdaq Composite down 0.6%.

GDP reading, Costco earnings, Workday: 3 things to watch

Investing.com -- Stocks were falling on Wednesday as debt ceiling negotiations stalled over disagreements on spending levels, with a deadline fast approaching to avert a U.S. default.

Lawmakers are racing to complete a deal before that deadline, which some estimates put as early as June 1, when the government runs out of options to continue paying its obligations. Economists and administration officials have warned that a possible default could cause chaos in financial markets, and the sell-off in stocks, with a rising volatility index, is... More

Dollar Tree (DLTR) option IV elevated into quarter results and outlook

Dollar Tree (NASDAQ: DLTR) May weekly call option implied volatility is at 100, June is at 40; compared to its 52-week range of 22 to 64 into the expected release of quarter results before the bell on May 25.

Dollar Tree (DLTR) May weekly 155 straddle into quarter results

Dollar Tree (NASDAQ: DLTR) May weekly 155 straddle is priced for a move of 7% into the expected release of quarter results before the bell on May 25.

Dollar Tree (DLTR) option IV into quarter results and outlook

Dollar Tree (NASDAQ: DLTR) May weekly call option implied volatility is at 84, June is at 37; compared to its 52-week range of 22 to 64 into the expected release of quarter results before the bell on May 25.