Welcome to our dedicated page for Dollar Tree news (Ticker: DLTR), a resource for investors and traders seeking the latest updates and insights on Dollar Tree stock.
Dollar Tree Inc (DLTR) operates one of North America's most distinctive discount retail networks through its Dollar Tree and Family Dollar banners. This page serves as the definitive source for verified corporate announcements, financial disclosures, and strategic developments from the value retail sector leader.
Investors and industry observers will find curated updates including quarterly earnings reports, leadership changes, store expansion plans, and product assortment innovations. The repository consolidates press releases about supply chain enhancements, pricing strategy adjustments, and market penetration efforts that shape DLTR's operational framework.
Content is organized to highlight material developments across three key areas: financial performance (earnings calls, SEC filings), operational strategy (merchandising updates, store formats), and corporate governance (executive appointments, sustainability initiatives). Each update is timestamped for tracking sequential developments in the company's growth trajectory.
For consistent monitoring of DLTR's market position within the competitive discount retail sector, bookmark this page or check back regularly. All information is sourced directly from the company's investor relations communications and verified financial disclosures to ensure reliability.
Dollar Tree (NASDAQ: DLTR) announced a leadership transition in its supply chain operations. Mike Kindy, who joined in May 2023 as Chief Supply Chain Officer, will retire after contributing to the company's supply chain initiatives during his tenure.
Roxanne Weng has been appointed as the new Chief Supply Chain Officer, bringing over 30 years of retail operational leadership experience, primarily from Walgreens. At Walgreens, she managed distribution, transportation, inventory management, and master data management. Most recently, she worked at Uline overseeing creative operations.
Weng holds a Bachelor of Science in pharmacy from Purdue University, an MBA from the University of Phoenix, and a Master's in Supply Chain Management from Loyola University. She will focus on driving supply chain initiatives to maintain consistent store inventory and enhance customer satisfaction.
Dollar Tree (NASDAQ: DLTR) has announced plans to rebuild its distribution center in Marietta, Oklahoma, following its destruction by a tornado in April 2024. The new one million square foot facility is expected to open in spring 2027 and will serve 700 Dollar Tree stores across the West and Southwest U.S.
The enhanced distribution center will feature advanced technology, including temperature control and high-speed sortation systems to improve efficiency. The facility will restore 400 jobs to the Marietta community, demonstrating Dollar Tree's commitment to the region.
The project has received support from Oklahoma Governor J. Kevin Stitt and Marietta Mayor Destry Rushing, who emphasized the positive impact of Dollar Tree's reinvestment in the local community.
Dollar Tree (NASDAQ: DLTR) has announced the sale of Family Dollar to Brigade and Macellum for $1.007 billion, with net proceeds estimated at $804 million. The transaction is expected to close in approximately 90 days.
In Q4 2024, Dollar Tree reported:
- Net sales increased 0.7% to $5.0 billion
- Same-store sales grew 2.0% (traffic +0.7%, ticket +1.3%)
- Diluted EPS from continuing operations of $1.86
- Adjusted diluted EPS of $2.29
For fiscal 2025, the company projects:
- Net sales of $18.5-19.1 billion
- Comparable store net sales growth of 3-5%
- Adjusted diluted EPS from continuing operations of $5.00-5.50
The company operated 16,500 stores across 48 states and five Canadian provinces as of February 1, 2025, and completed approximately 2,900 Dollar Tree 3.0 multi-price format stores.
Dollar Tree (NASDAQ: DLTR) has announced an agreement to sell its Family Dollar business segment to Brigade Capital Management and Macellum Capital Management for $1.007 billion. The transaction, expected to close in Q2 2025, follows a strategic review of alternatives for the Family Dollar business.
Family Dollar will continue to operate from Chesapeake, Virginia, as a private company under the leadership of Family Dollar President Jason Nordin. Duncan MacNaughton will join as Chairman, bringing his experience as a former President and Chief Operating Officer.
The divestiture aims to unlock value for Dollar Tree shareholders while allowing Dollar Tree to focus on growth initiatives, including expanded assortment and new store openings. For Family Dollar, the transition to private ownership under Brigade and Macellum is expected to strengthen its ability to provide affordable goods to customers.
Dollar Tree (NASDAQ: DLTR) has announced Stewart Glendinning as its next Chief Financial Officer, effective March 30, 2025. Glendinning, who joined the company earlier this year focusing on enterprise-wide transformation initiatives, will succeed Jeff Davis, who previously announced his departure.
Glendinning brings significant experience from his previous roles as CEO of Express, Inc., and global CFO positions at Tyson Foods and Molson Coors Brewing Company. He has been actively involved in reviewing strategic alternatives for the Family Dollar business since joining Dollar Tree.
The company will report its fourth quarter 2024 financial results on March 26, 2025, before market opening, followed by an investor conference call at 8 a.m. ET.
Dollar Tree (NASDAQ: DLTR) has announced three new appointments to its Board of Directors. William (Bill) W. Douglas, III and Timothy (Tim) Johnson have been appointed as new board members, along with current CEO Michael C. Creedon, Jr.
Douglas brings 30 years of experience from the Coca-Cola system with expertise in IT, Finance, and Supply Chain. He currently serves on the boards of Coca-Cola Hellenic, SiteOne Landscape Supply, North Highland ESOP, and Monster Beverages
Johnson, who serves as Chief Financial and Chief Administrative Officer at Victoria's Secret & Co until his planned retirement in June 2025, brings over 30 years of retail leadership experience. He also holds board positions at Brinker International and LogicSource.
Creedon, who joined Dollar Tree as COO in 2022, was appointed CEO in December 2024 after serving as Interim CEO since November 2024.
Dollar Tree (NASDAQ: DLTR) has appointed Michael C. Creedon, Jr. as permanent Chief Executive Officer, following his interim role since November 2024. Creedon, who joined the company in 2022 as Chief Operating Officer, now leads more than 200,000 associates and 16,000 stores across the Dollar Tree and Family Dollar banners.
Prior to Dollar Tree, Creedon held leadership positions at Advance Auto Parts, including Executive Vice President and President of U.S. stores, and executive positions at Tyco International and ADT Security. The Board of Directors expressed unanimous confidence in Creedon's leadership, citing his deep business understanding and strategic vision.
Dollar Tree (DLTR) reported Q3 fiscal 2024 results with consolidated net sales increasing 3.5% to $7.56 billion. Same-store sales grew 1.8% across both Dollar Tree and Family Dollar segments. The company posted diluted EPS of $1.08 and adjusted diluted EPS of $1.12.
Key highlights include opening 249 new Dollar Tree and 6 new Family Dollar stores, with approximately 2,300 Dollar Tree stores converted to multi-price format. The company generated $785.6 million in operating cash flow and $359.2 million in free cash flow.
For fiscal 2024, Dollar Tree updated its outlook with net sales expected between $30.7-30.9 billion and adjusted diluted EPS of $5.31-5.51. The company also announced a CFO transition and continues its strategic review of the Family Dollar business.
Dollar Tree and Family Dollar have announced a partnership with No Kid Hungry, a national campaign by Share Our Strength focused on ending childhood hunger. The companies will make an initial donation of $350,000, potentially providing 3.5 million meals to children. Coca-Cola is joining the initiative with an additional $100,000 donation, helping provide 1 million meals. The partnership includes support for the Mayors Alliance to End Childhood Hunger, a coalition of over 445 mayors working to address food insecurity nationwide.
Dollar Tree (NASDAQ: DLTR) has announced it will report its third quarter 2024 financial results on Wednesday, December 4, 2024, before market open. The company will host a conference call at 8 a.m. EST featuring Interim CEO Mike Creedon and CFO Jeff Davis, who will discuss results and conduct a Q&A session. The call will be accessible via phone and webcast, with a replay available for seven days afterward.
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