Dollar Tree (DLTR) Q3 2024 Earnings Call Transcript
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Dollar Tree Stock Jumps After Earnings. Now It’s Seeking a New CFO as Well as a CEO.
The retailer reported third-quarter adjusted earnings of $1.12 a share on sales of $7.56 billion, beating analysts' expectations.
Dollar Tree's Q3 results beat on improving demand, CFO to step down
Dollar Tree's third-quarter profit and sales beat market expectations on Wednesday, as more customers shopped at its discount stores for non-expensive essentials including groceries, sending its shares up about 10% in premarket trading.
Dollar Tree’s CFO is resigning
Dollar Tree’s stock price was up over 2.51% at midday on Wednesday. Creedon announced during the call that CFO Jeff Davis was stepping down. Dollar Tree has not revealed Davis’ replacement.
Here’s what’s clicking now for Dollar Tree after a tough year for its stock
Retailer opens 249 new stores, books a 1.5% increase in traffic and says its Family Dollar review is on track.
Dollar Tree CFO to step down next year
While financial performance improved during Q3, the retailer now faces the additional challenge of searching for a new CEO and CFO.
Dollar Tree: EPS Surges Past Estimates
Dollar Tree exceeded analyst expectations in Q3, showing resilience that was aided by strategic transformations.
Dollar Tree CFO Departs; Retailer Raises Full-Year Sales Guidance
Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter results.
Dollar Tree Narrows Full-Year Earnings Outlook Following Fiscal Third-Quarter Beat; CFO to Step Down
Dollar Tree (DLTR) tightened its full-year earnings outlook range on Wednesday as it reported better-than-expected fiscal third-quarter results, while the discount retailer said Jeff Davis will step down as its finance chief.
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Dollar Tree updates FY24 outlook as gross profit rises 7.6% in Q3
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Why ‘Dollar’ Discount Chains Struggle to Lure Penny-Pinching Shoppers
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Dollar Tree Jumps as Sales Growth Signals Recovery in Demand
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