$1, plus $6 more: When will your local Dollar Tree start selling $7 items? [USA TODAY]
Dollar Tree, Inc. (DLTR)
Last dollar tree, inc. earnings: 3/4 07:30 am
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Source: USA TODAY
"This year, across 3,000 stores, we expect to expand our multi-price assortment by over 300 items at price points ranging from $1.50 to $7," Dollar Tree CEO Rick Dreiling said in the call on March 13. Questions remain about when the higher priced items will reach store shelves . The company did not expand on the timing of when the $7 items would appear in stores during the call. Dreiling said that the company is "accelerating" the rollout of additional price tiers in its fourth quarter report. USA TODAY reached out to Dollar Tree about the timeline for implementing the $7 price cap and has not gotten a response. Clues from last price hike In 2021, the company announced that it would expand its " Dollar Tree Plus " concept that includes merchandise at the $3 and $5 price points. The company said when the concept was announced that it planned to have 500 Dollar Tree Plus stores by the end of 2021, with another 1,500 in 2022 and at least 5,000 by the end of 2024. Dollar Tree
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DLTR
Earnings
- 3/13/24 - Miss
DLTR
Sec Filings
- 4/4/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- DLTR's page on the SEC website