Entering text into the input field will update the search result below

Dollar Tree sets merger integration strategy

Aug. 05, 2016 2:04 PM ETDollar Tree, Inc. (DLTR) StockBy: Clark Schultz, SA News Editor2 Comments
  • Dollar Tree (NASDAQ:DLTR +1%) announced it will eliminate 370 positions, including 100 vacant positions at its Family Dollar store support center in Matthews, NC.
  • The moves are part of the company's integration process with Family Dollar.
  • The discounter intends to continue to operate and grow both the Family Dollar and Dollar Tree banners.
  • Looking ahead, management says it is well positioned to achieve its goal of $300M in combined run rate annual synergies by the end of its third year following its July 2015 acquisition.
  • The company expects to incur pre-tax expense of approximately $6M during FY16 related to the announced restructuring.
  • Dollar Tree spills Q2 earnings on August 25.
  • Source: Press Release

Recommended For You

About DLTR Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
DLTR--
Dollar Tree, Inc.