3 Recession-Proof Stocks to Buy Right Now [The Motley Fool]
Dollar Tree, Inc. (DLTR)
Last dollar tree, inc. earnings: 3/4 07:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
dollartreeinfo.com/investors
Company Research
Source: The Motley Fool
On June 8, 00, the National Bureau of Economic Research determined that the United States economy entered a recession in February 00. This poses a unique risk for investors, because a weak economy means lower consumer spending and fewer profits for companies to return to their shareholders in the form of dividends and capital appreciation.The good news is that some companies can thrive in this uncertain environment because of theirconsumer staple business modelsThe first pick isDollar Tree(NASDAQ:DLTRAltriaNYSE:MOHormel FoodsNYSE:HRLAll three stocks have the potential to beat the market during the recession.Image source: Getty Images.. Dollar TreeDollar Tree is a discount variety store chain that operates in the U.S. The company offers a wide range of everyday items targeting budget-conscious consumers, and the is often hailed as recession-proof because people tend to stock up on cheap, staple goods during tough economic times.So far this year, Dollar Tree stock has slightly underperf
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DLTR
News
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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