Dollar Tree Shares Plummet 25% Following Downgraded Financial Projections

Reported about 1 month ago

Dollar Tree's stock fell nearly 25% after the discount retailer reduced its full-year 2024 guidance and reported disappointing second quarter earnings, posting revenues of $7.37 billion against an expectation of $7.49 billion, and adjusted earnings of $0.67 per share, which was below the anticipated $1.05 per share.

Source: YAHOO

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