Reported 2 days ago
Dollar Tree anticipates its second-quarter adjusted profit could plummet by up to 50% year-over-year due to unpredictable tariff changes. The company reported a 3% drop in shares during premarket trading as it also announced plans to sell its Family Dollar chain and adjusted its annual profit forecast upward, benefiting from lower freight costs. Despite these challenges, Dollar Tree remains optimistic about fiscal 2025, expecting adjusted earnings per share between $5.15 and $5.65.
Source: YAHOO