Dollar Tree, Inc. Reports Results for the Fourth Quarter Fiscal 2023

Dollar Tree (DLTR) PT Lowered to $144 at Evercore ISI, 'Taking Decisive Action, Execution Risk Remains'

March 14, 2024 5:28 AM EDT

Evercore ISI analyst Michael Montani lowered the price target on Dollar Tree (NASDAQ: DLTR) to $144.00 (from $157.00) while maintaining a In Line rating.

The analyst comments "What we liked: Dollar Tree topline and margin mojo. Decisive action on FDO closures. Buyback dry powder. Sales & margin recapture oppt. Dollar Tree banners 6.3%... More

Dollar Tree (DLTR) PT Lowered to $155 at Deutsche Bank, 'Dollar Drama Strikes Again'

March 14, 2024 5:25 AM EDT

Deutsche Bank analyst Krisztina Katai lowered the price target on Dollar Tree (NASDAQ: DLTR) to $155.00 (from $166.00) while maintaining a Buy rating.

The analyst comments "DLTR prints have not lacked drama of late and we got plenty today: 1) 4Q was mixed and charges made it messy; 2) 1Q was guided well below consensus; 3) 2024 outlook bracketed... More

Dollar Tree (DLTR) PT Raised to $152 at Goldman Sachs, 'Shrink and mix weigh on outlook'

March 14, 2024 4:09 AM EDT

Goldman Sachs analyst Kate McShane raised the price target on Dollar Tree (NASDAQ: DLTR) to $152.00 (from $144.00) while maintaining a Buy rating.

The analyst comments "DLTR closed down -14.2% (vs S&P -0.2%), after its 4Q miss and in-line FY24 guidance, noting most investor... More

Dollar Tree (DLTR) PT Lowered to $128 at Jefferies, 'unfavorable sales mix'

March 13, 2024 4:38 PM EDT

Jefferies analyst Randal J. Konik lowered the price target on Dollar Tree (NASDAQ: DLTR) to $128.00 (from $130.00) while maintaining a Hold rating.

The analyst comments "4Q top- and bottom-line missed expectations. DLTR is closing ~1K underperforming FDO stores in the coming years. Meanwhile,... More

Dollar Tree (DLTR) PT Raised to $109 at CFRA

March 13, 2024 12:15 PM EDT

CFRA analyst Arun Sundaram raised the price target on Dollar Tree (NASDAQ: DLTR) to $109.00 (from $104.00) while maintaining a Sell rating.

The analyst comments "We lift our 12-month target to $109 from $104, 16.5x our FY 25 (Jan.) EPS of $6.61 (up from $6.49; we initiate FY 26's at... More

Dollar Tree (DLTR) posts weak Q4 earnings, plans to close 970 stores; shares dip

March 13, 2024 8:09 AM EDT

Dollar Tree (NASDAQ: DLTR) shares lost nearly 8% in premarket trading Wednesday after the company unveiled its fiscal Q4 results.

The discount store operator posted Q4 earnings per share (EPS) of $2.55, falling short of the $2.66 anticipated by analysts. Revenue for the quarter was also... More

Dollar General (DG) Trades Lower in Sympathy with Dollar Tree (DLTR)

March 13, 2024 7:10 AM EDT

Dollar General (NYSE: DG) Trades Lower in Sympathy with Dollar Tree (NASDAQ: DLTR)

DLTR -8% Following Results, Soft OutlookDG -2%... More

Dollar Tree (DLTR) Misses Q4 EPS by 11c, Misses on Revenue; Offers FY24 Guidance

March 13, 2024 6:30 AM EDT

(Updated - March 13, 2024 6:32 AM EDT)

Dollar Tree (NASDAQ: DLTR) reported Q4 EPS of $2.55, $0.11 worse than the analyst estimate of $2.66. Revenue for the quarter came in at $8.64 billion versus the consensus estimate of $8.66 billion.

For FY2024 the company guided:

Fiscal... More