Dollar Tree, Inc. Reports Results for the Second Quarter Fiscal 2024

Go back to Dollar Tree, Inc. Reports Results for the Second Quarter Fiscal 2024

Dollar Tree (DLTR) PT Lowered to $64 at Citi

September 5, 2024 7:04 AM EDT

Citi analyst Paul Lejeuz lowered the price target on Dollar Tree (NASDAQ: DLTR) to $64.00 (from $120.00) while maintaining a Neutral rating.

The analyst comments "DLTR missed sales and EPS driven largely by a comp miss at the DT banner, driving a significant (20%)... More

Dollar Tree (DLTR) PT Lowered to $100 at Wells Fargo

September 5, 2024 5:38 AM EDT

Wells Fargo analyst Edward Kelly lowered the price target on Dollar Tree (NASDAQ: DLTR) to $100.00 (from $130.00) while maintaining a Overweight rating.

The analyst comments "Very Disappointed, but Stock Is Too Cheap: We are surprised to see DLTR's stock at the current... More

Dollar Tree (DLTR) PT Lowered to $70 at BofA Securities

September 5, 2024 5:34 AM EDT

BofA Securities analyst Robert Ohmes lowered the price target on Dollar Tree (NASDAQ: DLTR) to $70.00 (from $117.00) while maintaining a Underperform rating.

The analyst comments "We lower our F25/C24E EPS to $5.40 (was $6.65) to reflect the 2Q miss and a... More

Dollar Tree (DLTR) PT Lowered to $78 at Evercore ISI

September 5, 2024 5:20 AM EDT

Evercore ISI analyst Michael Montani lowered the price target on Dollar Tree (NASDAQ: DLTR) to $78.00 (from $128.00) while maintaining a In Line rating.

The analyst comments "What we liked: Positive traffic. Converted Dollar Tree store comps encouraging. Signs of shrink stability. Freight benefits. SNAP... More

Dollar Tree (DLTR) PT Lowered to $74 at CFRA

September 4, 2024 2:52 PM EDT

CFRA analyst Arun Sundaram lowered the price target on Dollar Tree (NASDAQ: DLTR) to $74.00 (from $109.00) while maintaining a Hold rating.

The analyst comments "We slash our 12-month target to $74 from $109, 12x our FY 26 (Jan.) EPS of $6.14 (cut from $7.81; FY 25 cut to $5.49 from... More

JPMorgan Downgrades Dollar Tree (DLTR) to Neutral

September 4, 2024 2:25 PM EDT

JPMorgan analyst Matthew Boss downgraded Dollar Tree (NASDAQ: DLTR) from Overweight to Neutral with a price target of $70.00 (from $111.00).

The analyst comments "I. 2Q EPS: DLTR reported 2Q adj. EPS of $0.67 (below Street $1.05 & managements $1.00-1.10 guidance) driven by a same-store-sales shortfall (+0.7%... More

Dollar Tree (DLTR) PT Lowered to $79 at Truist Securities

September 4, 2024 1:48 PM EDT

Truist Securities analyst Scot Ciccarelli lowered the price target on Dollar Tree (NASDAQ: DLTR) to $79.00 (from $140.00) while maintaining a Buy rating.

The analyst comments "While DGs (Hold) print was a warning shot for DLTR investors (down 10% on 8/29, day of DG... More

BMO Capital Reiterates Outperform Rating on Dollar Tree (DLTR)

September 4, 2024 8:11 AM EDT

BMO Capital analyst Kelly Bania reiterated an Outperform rating and $130.00 price target on Dollar Tree (NASDAQ: DLTR)

The analyst comments "F2Q25 EPS was below, largely due to $0.30 of General Liability Claims expenses. Management cut EPS guidance by 20%, or $1.30-$1.40, including $0.24 of... More

Truist Securities Reiterates Buy Rating on Dollar Tree (DLTR)

September 4, 2024 8:09 AM EDT

Truist Securities analyst Scot Ciccarelli reiterated a Buy rating and $140.00 price target on Dollar Tree (NASDAQ: DLTR)

The analyst comments "Net/net Investors expected a mess and thats what they got. Dollar Trees comp growth of 1.3% was below our ~3%E forecast, while Family Dollars -10bps decline was... More

Dollar Tree shares tumble on Q2 miss, disappointing guidance

September 4, 2024 6:42 AM EDT

Dollar Tree (NASDAQ: DLTR) saw its shares slide more than 8% in premarket trading Wednesday after the company reported worse-than-expected results for the fiscal Q2 2024, and issued disappointing guidance.

The discount variety store chain operator posted Q2 earnings per share (EPS) of $0.67, missing the consensus estimate of $1.06. Revenue came in at $7.37 billion, also below the consensus estimate of $7.5 billion.

Enterprise... More

Dollar Tree (DLTR) Misses Q2 EPS by 39c, Misses on Revenue; Offers Weak Guidance

September 4, 2024 6:32 AM EDT

Dollar Tree (NASDAQ: DLTR) reported Q2 EPS of $0.67, $0.39 worse than the analyst estimate of $1.06. Revenue for the quarter came in at $7.37 billion versus the consensus estimate of $7.5 billion.

GUIDANCE:

Dollar Tree sees FY2025 EPS of $5.20-$5.60, versus the consensus of... More