Time: 2024-09-04
Dollar Tree , Inc. ( NASDAQ : DLTR ) is set to announce its second - one-fourth fiscal 2024 net_income on Sept. 4 , with analyst prediction a gross addition of 2.5 % to .5 billion . The company 's net_income per share are also expect to turn by 13.2 % year over year to .03 . Despite these positive estimate , Dollar Tree hour_angle a Zacks rank # 4 ( sell ) and an net_income clairvoyance of -1.94 % , bespeak potential challenge ahead.
look at the approaching net_income release , Dollar Tree face assorted challenge associate to soft demand for discretionary item , increase merchandise cost inflation , and elevated_railway SG&A expense . The company 's management expect continue pressure on gross_sales due to reduce spending among low - income consumer , lead to a decline in internet gross_sales for the Family Dollar section . Additionally , the Holocene destruction of a distribution center by a tornado is expect to consequence in higher SG&A expense in the approaching quarter.
Despite these challenge , Dollar Tree has been devising advancement on its restructure and expansion enterprise , include shop opening and improvement in distribution center . The company 's digital capability and Lapp - day delivery service are also expect to drive traffic tendency in the fiscal second one-fourth . From a evaluation position , Dollar Tree 's share are currently trading at a discount compare to historical and industry benchmark , offer an attractive opportunity for investors.
In comparison to other company in the sector , Dollar Tree 's stock performance has been less favorable , with a 40.5 % decline year to date . However , company like DICK 'S Sporting Goods and Costco Wholesale are forecast to achieve top and bottom - line growth in their approaching net_income report . investor are rede to stay update on approaching net_income announcement to brand inform decision in the market.
Overall , while Dollar Tree face challenge in the retail sector , its strategic enterprise and fiscal performance bespeak potential for growth and improvement in the future . stay tune for the company 's net_income announcement to addition foster penetration into its performance and market position.
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