Why Dollar Tree, Inc. Stock Jumped 10.5% in August
Shares of Dollar Tree Inc. (NASDAQ: DLTR) jumped 10.5% in August, according to data from S&P Global Market Intelligence, after the single price-point retailer released impressive second-quarter results.
Nearly all of Dollar Tree's pop last month occurred on Aug. 24, the first trading day after it announced that second-quarter revenue had increased 5.7% to $5.28 billion, including 2.4% same-store sales growth. Net income per share fared even better, rising 36.1% to $0.98. Both figures were well above consensus expectations, which called for revenue of $5.24 billion and earnings of $0.87 per share.
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Source: Fool.com
Dollar Tree Inc. Aktie
91,22 €
-2,37 %
Die Community bevorzugt Dollar Tree Inc., mit deutlich mehr Buy- (30) als Sell-Einschätzungen (2).
Ein prognostiziertes Kursziel von 144 € für Dollar Tree Inc. zeigt ein Potenzial von über 50% im Vergleich zum aktuellen Kurs von 91.22 €.
