Dollar Tree faced higher "shrink" during the company's first quarter, executives said Thursday. "Shrink" is an industry term for products that have to be written off, including for theft.
Dollar Tree shares declined as the discount retailer missed profit estimates and cut its profit forecast because of theft and inflation.
Dollar Tree Inc. may up its prices in some areas due to theft, the discount retailer's CFO said Thursday. It adjusted its fiscal 2023 outlook for diluted EPS partly due to theft.

3 Retail Stocks Making Big Post-Earnings Moves

02:57pm, Thursday, 25'th May 2023
The retail sector has been in focus over the past week, with several big names hitting up the  earnings confessional.
Loop Capital Markets Managing Director Anthony Chukumba joins Yahoo Finance Live anchors to examine the retail environment as chains Best Buy and Dollar Tree report earnings.

Jobless Claims Number Comes in Below Expectations

12:02pm, Thursday, 25'th May 2023
Jobless Claims Number Comes in Below Expectations.
The Nasdaq is on a relatively torrid pace higher, while the Dow feels the economic lags among blue chips.

Dollar Tree Falls As Theft Cuts Into Bottom Line

11:18am, Thursday, 25'th May 2023
Sad but true, Dollar Tree confirms a growing trend in the retail world. Theft, euphemistically known as shrinkage, is on the rise and cutting into earnings, and this isn't the 1st company to say so.
Dollar Tree's (DLTR) Q1 results reflect sales gains from continued product demand, offset by margin pressures due to elevated shrink and the product mix shift to consumables.
Although the revenue and EPS for Dollar Tree (DLTR) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Str
Dollar Tree, Inc shares slid 15% to $132.33 in early Thursday trading after the discount retailer reported first-quarter 2023 net income that fell to $299.0 million from $536.4 million during the same

Dollar Tree (DLTR) Q1 Earnings Lag Estimates

09:46am, Thursday, 25'th May 2023
Dollar Tree (DLTR) came out with quarterly earnings of $1.47 per share, missing the Zacks Consensus Estimate of $1.51 per share. This compares to earnings of $2.37 per share a year ago.

Dollar Tree Stock Tumbles on Earnings Miss

08:06am, Thursday, 25'th May 2023
The discount retailer posts first-quarter adjusted earnings of $1.47 a share, below analysts' expectations of $1.53.
Shares of Dollar Tree Inc. DLTR, -0.50% took a 10.5% dive Thursday, after the discount retailer missed fiscal first-quarter profit expectations and cut its full-year outlook, as elevated shrink and a
Two of the more notable retailers reporting their quarterly results this week are Costco (COST)) and Dollar Tree (DLTR) with both set to report on Thursday, May 25.
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