Financial News

Schaeffer's Street Stories: Optimism Abounds on Dollar Tree Inc. Following Earnings Report

The shares of Dollar Tree Inc. (NASDAQ: DLTR) have added roughly 5% this afternoon, gapping higher following the company’s positive earnings report. Before the open this morning, the firm boasted that its third-quarter profit climbed to $43.1 million, or 47 cents per share, compared to its year-ago profit of $35.9 million, or 38 cents per share. Sales during the 3-month period jumped 11.6% to $1.11 billion. Analysts had predicted a profit of 44 cents per share and sales of $1.1 billion. But that's not the only good news from DLTR!

To continue reading this article, click here: http://www.schaeffersresearch.com/commentary/content/optimism+abounds+on+dollar+tree+inc+following+earnings+report/observations.aspx?click=home&ID=89397

Contacts:

Schaeffer's Investment Research
Jocelynn Drake, 513-589-3800
(jdrake@sir-inc.com)

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