Grinding Inflation Clouds 'Black Friday' Shopping Bonanza [Barron's]
Dollar Tree, Inc. (DLTR)
Last dollar tree, inc. earnings: 3/4 07:30 am
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dollartreeinfo.com/investors
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Source: Barrons
Grinding inflation in the world's biggest economy in recent months has cast uncertainty over this year's festive season, which kicks off the day after Thursday's Thanksgiving holiday. A year ago, retailers faced product shortfalls in the wake of shipping backlogs and Covid-19-related factory closures. To avert a repeat, the industry front-loaded its holiday imports this year, leaving it vulnerable to oversupply at a time when consumers are cutting back. "Supply shortages was yesterday's problem," said Neil Saunders, managing director for GlobalData Retail, a consultancy. "Today's problem is having too much stuff." Saunders said retailers have made progress in recent months in reducing excess inventories but that oversupply created banner conditions for bargain-hunters in many categories, including electronics, home improvement and apparel. Juameelah Henderson always checks for sales, "but more so now," she said while exiting an Old Navy store in New York with four bags of ite
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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