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Dollar Tree

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Dollar Tree and Family Dollar to close 1,000 stores, report low earnings amid inflation
March 13th, 2024 - 12:40 GMT

Dollar Tree and Family Dollar to close 1,000 stores, report low earnings amid inflation

ALBAWABA - Dollar Tree Inc.'s stock fell sharply on Wednesday after the bargain retailer's fiscal fourth-quarter earnings forecast fell below estimates, with a plan to close 30 Dollar Tree stores as leases expire, 600 Family Dollar stores in the first half of 2024 and 370 more in the upcoming years as lease contracts expire, as reported by CNN. Dollar Tree stock price has dropped 7.8 percent in premarket trading, according ...
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