Dollar Tree Inc. (DLTR, Financial) experienced a significant stock movement with a sharp decline of 5.01%. The stock is currently priced at $72.64 per share, with a trading volume of 2.34 million shares and a turnover rate of 1.09%. The stock's volatility reached 6.42%.
Recent financial reports indicate that Dollar Tree achieved a revenue of $7.568 billion and a net profit of $233 million, resulting in earnings per share of $1.09. The company's gross profit stood at $2.344 billion, with a price-to-earnings ratio of -15.46.
Regarding institutional ratings, 30% of the 30 participating institutions recommend buying the stock, 67% suggest holding, and 3% advise selling. In the discount store industry, where Dollar Tree operates, the overall growth was 0.97%. Notable performers in this sector include Costco, Walmart, and BJ's Wholesale Club.
Dollar Tree's turnover rate is 1.09%, while Ollie's Bargain Outlet Holdings, Inc. and BJ's Wholesale Club have turnover rates of 0.89% and 0.67%, respectively. Dollar Tree, BBB Foods Inc., and Ollie's Bargain Outlet Holdings, Inc. showed significant volatility with amplitudes of 6.42%, 2.97%, and 2.57%, respectively.
Dollar Tree operates over 8,800 stores in the U.S. and Canada under the Dollar Tree name and 7,700 stores under the Family Dollar name. In the 2023 fiscal year, consumables accounted for about 47% of Dollar Tree's sales, with most items priced at $1.25. Family Dollar focuses on consumables priced under $10, with stores primarily in urban and suburban areas.
