Bullet points of Dollar Tree shares slide after discounter cuts full-year forecast
- Dollar Tree's shares fell 12% after the company cut its full-year outlook
- The company expects its full-year consolidated net sales to range between $30.6 billion and $30.9 billion
- Dollar Tree expects adjusted earnings per share to range from $5.20 to $5.60
- The company cited increasing pressures on middle-income and higher-income customers
- Dollar Tree has faced company-specific challenges, including the closure of 1,000 Family Dollar stores and considering selling the Family Dollar brand
cnbc.com_2 / CNBC Business by Layer3.news
npub1a8…nw4tu
2024-09-04 12:05:50
in reply to nevent1q…qzz3
Author Public Key
npub1a824tlx9pzc807ddhyy0h9mhqkfjj9j360z2a9kcmxsy6gcjhfaqxnw4tuPublished at
2024-09-04 12:05:50Event JSON
{
"id": "d738e73e1d5b704bbbe85e24de2f202236e6c358bee6ff7ea33b85bfd4c7ff05",
"pubkey": "e9d555fcc508b077f9adb908fb97770593291651d3c4ae96d8d9a04d2312ba7a",
"created_at": 1725451550,
"kind": 1,
"tags": [
[
"subject",
"Bullet points of Dollar Tree shares slide after discounter cuts full-year forecast"
],
[
"p",
"e9d555fcc508b077f9adb908fb97770593291651d3c4ae96d8d9a04d2312ba7a"
],
[
"e",
"95ff689d2fff4a90c394467316980c07647e4396cbb7907e8b985875f752ac69",
"wss://articles.layer3.news",
"root"
]
],
"content": "Bullet points of Dollar Tree shares slide after discounter cuts full-year forecast\n- Dollar Tree's shares fell 12% after the company cut its full-year outlook\n- The company expects its full-year consolidated net sales to range between $30.6 billion and $30.9 billion\n- Dollar Tree expects adjusted earnings per share to range from $5.20 to $5.60\n- The company cited increasing pressures on middle-income and higher-income customers\n- Dollar Tree has faced company-specific challenges, including the closure of 1,000 Family Dollar stores and considering selling the Family Dollar brand\n",
"sig": "959891d2d83b8701bc9c5ab09a8e91f99e352501a3da0ec41a1eedba71f625d2c7a49cf2309241cc8edd91d80237217c7d30de8daf17a5021bebd1406db23428"
}