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Stock impact report

Why Dollar Tree Stock Fell 11.5% in March [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
What happenedShares ofDollar Tree(NASDAQ:DLTR Global Market Intelligence^SPXYCharts.Dollar Tree reported fourth-quarter earnings on March , delivering adjusted earnings per share of $.79, topping the average analyst estimate of $.76. But revenue of $6. billion for the period fell short of the average analyst call for $6.9 billion. Dollar Tree stock saw another pronounced drop at the end of the month after the company issued an update suspending its fiscal guidance for the current year due to the pandemic.A Dollar Tree logistics center. Image source: Dollar Tree.So whatFourth-quarter results came with guidance for the current fiscal year and the added caveat that the targets did not account for potential coronavirus-related effects on supply chains and other aspects of the company's business. The company had been targeting low-single-digit growth in same-store sales for the year, revenue between $.89 billion and $.99 billion, and diluted EPS between $ and $.09. But management issued an Show less Read more
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