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Stock impact report

Dollar Tree makes distribution, tech upgrades [Yahoo! Finance]

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: Yahoo! Finance
Dive Brief: Dollar Tree is investing in its distribution network and replacing tech legacy systems to drive better inventory management visibility for its growing store footprint, executives detailed on recent calls with analysts. This past quarter, Dollar Tree reported that inventory levels were down 7% year over year, while sales were up 9% YoY, CFO Stewart Glendinning said on a March 16 earnings call “We're raising the bar across the organization, and we're seeing strong delivery from our supply chain team as service levels, in-stock metrics and inventory discipline continue to improve,” CEO Michael Creedon said during the call. Dive Insight: Dollar Tree has been working to modernize its distribution network to drive flexibility, speed and efficiency across its operations. According to the recent earnings call, the efforts are resulting in “higher throughput per distribution center and improved shipping productivity and giving us confidence in our expectations,” Creedon Show less Read more
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