Dollar Tree Stock News

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Discount retailer Dollar Tree agreed to seat new directors including Paul Hillal, CEO of activist investor Mantle Ridge, and former Dollar General CEO Richard Dreiling.

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Dollar Tree gained on Wednesday after the retailer announced that it will reconstitute its board and named former Dollar General CEO Richard Dreiling as its executive chairman. Read more.

Wednesday''s top analyst upgrades and downgrades included Advanced Micro Devices, Bluebird Bio, Dollar Tree, Diamondback Energy, Fastenal, Kohl''s, Limelight Networks, Netflix, Palantir Technologies, PayPal, Southwestern Energy, S&P Global and Unity Software.

Pressure from activists pushes Dollar Tree to add to two new members to its board.

AMZN stock reached a new low. Solar stocks jumped in response to high oil prices. WOOF climbed on earnings news. DLTR advanced to a new high. DIDI fell more than 10%.

These Leading Discount Retailers Are Outperforming the Market

Dollar Tree Inc (NASDAQ: DLTR ) has reconstituted its board of directors , that includes both current and new directors. Under this plan, the company''s board will comprise Richard (Rick) Dreiling as Executive Chair, Paul Hilal, founder and CEO of Mantle Ridge LP, as Vice Chair, five other new directors, and five continuing directors. Mantle Ridge owns a ~$1.8 billion worth stake in the retailer,

Dollar Tree Inc. announced a new board on Tuesday, adding Richard Dreiling as executive chair, Paul Hilal, founder and chief executive of Mantle Ridge LP, as vice chair, and five new directors. Five directors will continue on, including Dollar Tree''s Chief Executive Michael Witynski, and six directors will retire. Dreiling is currently a Lowe''s Cos. board member, and retired from the CEO position at Dollar General Corp. in 2015. The board will comprise 12 directors at the 2022 annual meeting. Dollar Tree is also creating a new Finance committee, restructure the Nominating, Governance and Sustainability and Compensation Committees, and adding a separate committee for sustainability and corporate social responsibility. Dollar Tree announced its most recent quarterly results last week, missing on sales but completing the transition to a $1.25 price point in the U.S. Dollar Tree stock rose 1.4% in Tuesday premarket trading and has run up 30.3% over the past year. The S&P 500 index has gained 9.9% over the last 12 months.

Both Target and Dollar Stores reported mixed results for Q4 2021. Target's financial metrics look much superior to Dollar Tree's.

Discount retailer Dollar Tree reworked its board as part of an agreement with activist investor Mantle Ridge.

Dollar Tree Inc. DLTR, -1.82% announced a new board on Tuesday, adding Richard Dreiling as executive chair, Paul Hilal, founder and chief executive of Mantle Ridge LP, as vice chair, and five new dire

Discount store operator Dollar Tree Inc said on Tuesday it has named Paul Hilal, founder of activist investment firm Mantle Ridge, to its board, with rival Dollar General top executive Richard Dreilin