6 Followers USX:DLTR - Dollar Tree Inc Dollar Tree Inc
Sector: Consumer Discretionary, Industry: General Merchandise Stores
Next Earnings: 23 May 2024
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USD 122.23    -1.52 (-1.23%)

18 Apr 2024


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General

CEO: Mr. Richard W. Dreiling

IPO: 1995-03-06

Headquarters: US

Employees: 65,894

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Description

Dollar Tree operates discount stores across the United States and Canada, with over 8,400 shops under its namesake banner and 8,350 under Family Dollar. About 47% of Dollar Tree’s sales in fiscal 2023 were composed of consumables (including food, health and beauty, and cleaning products), around 45% from variety items (including toys and homewares), and over 5% from seasonal items. The Dollar Tree banner sells most of its merchandise at the $1.25 price point and positions its stores in well-populated suburban markets. Conversely, Family Dollar primarily sells consumable merchandise (80% of the banner’s sales) at prices below $10. About two-thirds of Family Dollar’s stores are located in urban and suburban markets, with the remaining one-third located in rural areas.

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