Seeking Alpha

Dollar Tree holds up in FQ1

  • Dollar Tree (DLTR) managed to grow both traffic and its average ticket in FQ1 to defy an ongoing weak trend in the retail sector.
  • The company reports comparable-store sales rose 2% in the quarter.
  • Gross profit rate -40 bps to 34.8%.
  • DLTR +1.6% premarket

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