Dollar Tree Stock Price (DLTR) Rising Into Earnings – What To Expect
Dollar Tree’s stock price (NASDAQ: DLTR) is trading 2.39% higher today at $11.78, a strong outperformer despite having pulled back 5% in the last month. This pullback comes amidst a year of substantial gains for the discount retailer, with the stock having added an impressive 46% year-to-date. As markets brace for the upcoming earnings report tomorrow, before the market open, the question is whether this rally can continue, or if headwinds are gathering.
Analysts anticipate earnings per share (EPS) of $0.41 for the upcoming quarter, a notable decrease from the $0.67 reported in the same quarter last year. Revenue is expected to come in at $4.48billion, down 39.28% Y/Y, although this is not directly comparable, with the firm having sold…
