Are Dollar Tree's Q3 Results as Good as They Seem?
When investors take a high-level view of Dollar Tree's (NASDAQ: DLTR) third-quarter 2022 earnings results, it's hard to complain about what was there to see. However, a closer look at some of the underlying trends suggests the results may not have been quite as strong as they appear.
Here's the good and the bad from the quarter and why investors need to pay close attention to Dollar Tree's customer base.
Retailer Dollar Tree's overall sales rose 8.1% year over year in the third quarter of 2022 (ending Oct. 29) and its earnings were up 25%. From a same-store perspective, the company's sales increased 6.5%, led by the 8.6% advance at its Dollar Tree nameplate and a 4.1% improvement at Family Dollar. None of that is bad and, in fact, it all looks pretty darn positive.
Source Fool.com
