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Dollar Tree operates discount stores across the United States and Canada, with over 8,600 shops under its namesake banner and nearly 7,800 under Family Dollar. About 47% of Dollar Tree's sales in fiscal 2023 were composed of consumables (including food, health and beauty, and cleaning products), around 45% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (80% of the banner's sales) at prices below $10. About two-thirds of Family Dollar's stores are located in urban and suburban markets, with the remaining one-third located in rural areas.
Dollar Tree trades on the NASDAQ stock market under the symbol DLTR.
As of September 19, 2024, DLTR stock price declined to $74.53 with 1,968,133 million shares trading.
DLTR has a beta of 1.49, meaning it tends to be more sensitive to market movements. DLTR has a correlation of 0.26 to the broad based SPY ETF.
DLTR has a market cap of $16.02 billion. This is considered a Large Cap stock.
Last quarter Dollar Tree reported $7 billion in Revenue and $.67 earnings per share. This fell short of revenue expectation by $-111 million and missed earnings estimates by -$.37.
In the last 3 years, DLTR stock traded as high as $177.19 and as low as $60.82.
The top ETF exchange traded funds that DLTR belongs to (by Net Assets): VTI, VOO, VO, QQQ, SPY.
DLTR has underperformed the market in the last year with a return of -32.7%, while the SPY ETF gained +30.0%. In the last 3 month period, DLTR fell short of the market, returning -30.5%, while SPY returned +4.5%. However, in the most recent 2 weeks DLTR has outperformed the stock market by returning +17.3%, while SPY returned +3.7%.
DLTR support price is $73.89 and resistance is $77.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DLTR stock will trade within this expected range on the day.