HomeArticlesPreviewing Dollar Tree (DLTR) Earnings

Previewing Dollar Tree (DLTR) Earnings

1 min read

Maria Schrater

Contributor

Dollar Tree reports 1Q earnings before the opening bell tomorrow. Zacks expects the company to post EPS of $1.43 and revenue of $7.63 billion. The shares have underperformed the overall market this year and are down about 15% in 2024. The Option Market is pricing in a +/- move of about $11.75 or nearly 10% either way so Implied Volatility levels are elevated going into the report.

Dollar Tree has historically been struggling versus its rival Dollar General (DG), with its Family Dollar stores receiving safety-related complaints among other issues. While CEO Rick Dreiling, who took the reins at the beginning of 2023, has been closing unprofitable Family Dollar stores, Dollar Tree continues to expand its footprint, acquiring the leases of 170 bankrupt 99 Cents Only stores last month, to be converted into Dollar Tree locations as early as fall of this year.

However, as inflation remains high and other retailers look to bring in consumers, the dollar stores could be in trouble – Target (TGT) recently announced price cuts and has put a lot more strategy into being a pleasant place to shop. Will Dollar Tree continue its turnaround fast enough for the Street’s liking? Or will its stock be punished further? Tune into Schwab Network for earnings analysis and more.

Featured clips

Morning Minute: Tuesday June 4th

Morning Minute

► Play video

Investing in “The American Tailwind”

Morning Trade Live

► Play video

NVDA & AMD New Chips: What to Watch in Semiconductors

Trading 360

► Play video

Trex (TREX) CEO on Remodeling Trends, Earnings, Paragon Stairs Partnership

The Watchlist

► Play video

Charles Schwab and all third parties mentioned are separate and unaffiliated, and are not responsible for one another's policies, services or opinions.

ON AIR
2:00 pm
Market On Close
12:00 am
Trading 360
REPLAY
1:00 am
Fast Market
REPLAY
2:00 am
Gamma On
REPLAY
2:30 am
Gamma On
REPLAY
3:00 am
Gamma On
REPLAY
3:30 am
Gamma On
REPLAY
4:30 am
Gamma On
REPLAY
education
5:00 am
Inside the Mind of a Trader
REPLAY
education
5:30 am
Inside the Mind of a Trader
REPLAY
education
6:00 am
Inside the Mind of a Trader
REPLAY
6:30 am
Market Overtime
REPLAY
7:00 am
Futures
8:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
ON AIR
2:00 pm
Market On Close
3:30 pm
Market Overtime
REPLAY
4:00 pm
Trading 360
REPLAY
5:00 pm
Fast Market
REPLAY
6:00 pm
Next Gen Investing
REPLAY
7:00 pm
Gamma On
REPLAY
7:30 pm
Market Overtime
REPLAY
8:00 pm
Market Overtime
REPLAY
8:30 pm
Market Overtime
REPLAY
9:00 pm
Gamma On
REPLAY
9:30 pm
Market Overtime
REPLAY
education
10:00 pm
Inside the Mind of a Trader
REPLAY
education
10:30 pm
Inside the Mind of a Trader
REPLAY
education
11:00 pm
Inside the Mind of a Trader
REPLAY
education
11:30 pm
Your First Trade
REPLAY

Get the Market Minute

Daily insights for every investor