Dollar Tree, Inc.·Consumer Defensive

For the second-straight year and third time in five years, the Dow, S&P 500, and Nasdaq started off the calendar with quarterly losses. ‘Didn't get off the bus,' is the apt sports colloquial that comes to mind.

Dollar Tree Inc. (DLTR) shares are trading lower Tuesday amid a broad market sell-off triggered by falling durable goods orders and rising oil prices following strikes on Iran.

CWA Asset Management Group LLC decreased its stake in shares of Dollar Tree, Inc. (NASDAQ: DLTR) by 92.6% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,228 shares of the company's stock after selling 65,674 shares during the

Nordea Investment Management AB raised its stake in Dollar Tree, Inc. (NASDAQ: DLTR) by 18.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 858,636 shares of the company's stock after buying an additional 130,741 shares during the period.

Shares of Dollar Tree, Inc. (NASDAQ: DLTR - Get Free Report) have been given an average recommendation of "Hold" by the twenty-five research firms that are presently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and eight have given a

This week, Dollar Tree reported strong quarterly earnings and a changing customer mix.
Dollar Tree, Inc. operates discount variety retail stores. It operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, including candy and food, and health and personal care, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise. As of January 29, 2022, this segment operated 8,061 stores under the Dollar Tree and Dollar Tree Canada brands, as well as 15 distribution centers in the United States and 2 distribution centers in Canada. The Family Dollar segment operates general merchandise retail discount stores that offer consumable merchandise, which comprise food and beverages, tobacco, health and personal care, household chemicals, paper products, hardware and automotive supplies, diapers, batteries, and pet food and supplies; and home products, including housewares, home décor, and giftware, as well as domestics, such as comforters, sheets, and towels. It also provides apparel and accessories merchandise comprising clothing, fashion accessories, and shoes; and seasonal and electronics merchandise that include Christmas, Easter, Halloween, and Valentine's Day merchandise, as well as personal electronics, which comprise pre-paid cellular phones and services, stationery and school supplies, and toys. As of January 29, 2022, this segment operated 8,016 stores under the Family Dollar brand; and 11 distribution centers. The company was founded in 1986 and is based in Chesapeake, Virginia.
Consumer Defensive
Discount Stores
153,032
1995-03-07
0.74