Has done. They continue to open new stores with some international presence. Inflation and a possible recession could drive more foot traffic. Highly defensive. She owns Dollar Tree in the US instead which offers more upside as they raise prices and add products. DOL also trades at a premium to peers.
During economic uncertainty and weakness, traffic to these stores rises. They're attracting customers from households with incomes around $80,000. They're introducing $1.25 and $3-5 price points which benefit basket size. They're adding more products to mix consumables with discretionary items; as an economy weakens, consumables outperform discretionary. DLTR trades at a lower PE than Dollarama and Dollar General. (Analysts’ price target is $169.16)
Dollar Tree is a American stock, trading under the symbol DLTR-Q on the NASDAQ (DLTR). It is usually referred to as NASDAQ:DLTR or DLTR-Q
In the last year, 6 stock analysts published opinions about DLTR-Q. 5 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Dollar Tree.
Dollar Tree was recommended as a Top Pick by on . Read the latest stock experts ratings for Dollar Tree.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered Dollar Tree In the last year. It is a trending stock that is worth watching.
On 2023-06-02, Dollar Tree (DLTR-Q) stock closed at a price of $133.865.
Dollar Tree bought Family Dollar in 2015. The latter enjoyed a pop during the pandemic, but historically has not delivered consistent profitable growth. The street has mixed feelings about DT with seven buys, five holds and two sells. Read The dollar wars for our full analysis.