DLTR Aug 2024 160.000 call
- Yahoo Finance Video
Avoid Dollar Tree stock in discount retail sector: Strategist
On Wednesday's Good Buy or Goodbye segment, Freedom Capital Markets Chief Global Strategist Jay Woods joins Market Domination host Julie Hyman to do a price check on his previous retail sector call. Costco (COST) remains Woods' "good buy," highlighting the company's strong technicals, consistent earnings, and attractive fundamentals. However, Woods concedes that the stock is historically expensive, given its high P/E ratio. On the other hand, Woods says "goodbye" to Dollar Tree (DLTR), pointing to its negative price action and competitive environment as big retailers lower prices. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy
- Investor's Business Daily
Lululemon Spikes On Results; Dollar Tree Mulls Sale Of Family Dollar; Discount Retailer Breaks Out, One Falls
Dollar Tree weighs selling Family Dollar. Ollie's Bargain Outlet breaks out on earnings, Lululemon bolts. Five Below tumbles.
- Barrons.com
Dollar Tree Weighs Sale of Family Dollar Amid Struggles. Analysts See Potential Boost to Stock.
Dollar Tree is coming close to throwing in the towel on trying to turn around Family Dollar. On Wednesday, the retailer said it was initiating a formal review of strategic alternatives for the Family Dollar banner, which could include a sale or spinoff of the business. The move comes just a few months after the company announced plans to review its Family Dollar store strategy following several quarters of underwhelming sales growth.
