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Dollar Tree Inc (DLTR.OQ)

DLTR.OQ on NASDAQ Stock Exchange Global Select Market

97.56USD
20 Apr 2018
Change (% chg)

$-1.34 (-1.35%)
Prev Close
$98.90
Open
$98.67
Day's High
$98.72
Day's Low
$96.92
Volume
737,626
Avg. Vol
925,874
52-wk High
$116.65
52-wk Low
$65.79

Latest Key Developments (Source: Significant Developments)

Dollar Tree Says On April 19 Co Entered Into Credit Agreement With JPMorgan Chase Bank Providing For $2,032 Mln In Senior Credit Facilities
2:32am IST 

April 20 (Reuters) - Dollar Tree Inc ::DOLLAR TREE SAYS ON APRIL 19 CO ENTERED INTO CREDIT AGREEMENT WITH JPMORGAN CHASE BANK PROVIDING FOR $2,032 MILLION IN SENIOR CREDIT FACILITIES - SEC FILING.DOLLAR TREE - THE $2,032 MILLION SENIOR CREDIT FACILITIES CONSIST OF A $1,250 MILLION REVOLVING CREDIT FACILITY & A $782 MILLION TERM LOAN FACILITY.DOLLAR TREE - THE $1,250 MILLION REVOLVING CREDIT FACILITY MATURES ON APRIL 19, 2023 & THE $782 MILLION TERM LOAN FACILITY MATURES ON APRIL 19, 2020.  Full Article

Dollar Tree Files Prospectus Supplement Related To A Potential Four-Part Notes Offering - SEC Filing
Thursday, 5 Apr 2018 

April 5 (Reuters) - Dollar Tree Inc ::SEC FILING.  Full Article

Dollar Tree Says Settled Lawsuit Relating To Co's Divestiture Of 330 Family Dollar Stores To Dollar Express
Friday, 5 Jan 2018 

Jan 4 (Reuters) - Dollar Tree Inc ::DOLLAR TREE SAYS SETTLED PREVIOUSLY REPORTED LAWSUIT RELATING TO CO'S NOV 2015 DIVESTITURE OF 330 FAMILY DOLLAR STORES TO DOLLAR EXPRESS LLC.DOLLAR TREE SAYS ‍UNDER TERMS OF SETTLEMENT, SYCAMORE PARTNERS AND DOLLAR EXPRESS PAID COMPANY $35.0 MILLION​ - SEC FILING.DOLLAR TREE- ‍IN CONNECTION WITH SETTLEMENT, PARTIES TO LAWSUIT AGREED TO MUTUAL RELEASES, DISMISSAL OF LITIGATION CLAIMS, COUNTERCLAIMS WITH PREJUDICE​.DOLLAR TREE - SETTLEMENT OF LITIGATION EXPECTED TO RESULT IN PARTIAL REVERSAL OF RECEIVABLES IMPAIRMENT OF $35.0 MILLION IN CO'S Q4 2017 INCOME STATEMENT.DOLLAR TREE - ‍DETERMINED OUTSTANDING $53.5 MILLION AMOUNT NOT RECOVERABLE FROM DOLLAR EXPRESS, RECORDED IMPAIRMENT CHARGES TO WRITE DOWN RECEIVABLES TO 0.  Full Article

Dollar Tree reports Q3 earnings per share $1.01
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Dollar Tree Inc :Dollar Tree Inc reports results for the third quarter fiscal 2017.Sees fy 2017 earnings per share $4.64 to $4.73.Sees Q4 2017 sales $6.32 billion to $6.43 billion.Sees fy 2017 sales $22.2 billion to $22.31 billion.Q3 sales $5.32 billion versus I/B/E/S view $5.28 billion.Sees Q4 2017 earnings per share $1.80 to $1.89.Q3 earnings per share $1.01.Q3 earnings per share view $0.90 -- Thomson Reuters I/B/E/S.Dollar Tree Inc - qtrly ‍enterprise same-store sales increased 3.2 pct​.Dollar Tree Inc qtrly ‍same-store sales by segment: Dollar Tree +5.0 pct, family dollar +1.5 pct​.Dollar Tree Inc - ‍during quarter, company opened 169 stores, expanded or relocated 23 stores, and closed six stores​.Fy earnings per share view $4.69 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $1.79, revenue view $6.37 billion -- Thomson Reuters I/B/E/S.Dollar Tree Inc - ‍ consolidated net sales for fy 2017 estimate based on a low single-digit increase in same-store sales, 3.7 pct square footage growth​.  Full Article

Omega Advisors Inc dissolves share stake in Dollar Tree, cuts share stake in Gigamon
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Omega Advisors Inc :Omega Advisors Inc dissolves share stake in Dollar Tree Inc - SEC filing.Omega Advisors Inc cuts share stake in Gigamon Inc by 34 percent to 366,897 shares.Omega Advisors Inc dissolves share stake in Bluebird Bio.Omega Advisors Inc dissolves share stake in Arris International.Omega Advisors Inc - Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.Source text for quarter ended Sept 30, 2017 (http://bit.ly/2yZQl6V).Source text for quarter ended June 30, 2017: (http://bit.ly/2vxgIhn)delivered.  Full Article

Dollar Tree Q1 earnings per share $0.98 excluding items
Thursday, 25 May 2017 

May 25 (Reuters) - Dollar Tree Inc ::Dollar Tree Inc reports results for the first quarter fiscal 2017.Sees Q2 2017 sales $5.18 billion to $5.28 billion.Sees FY 2017 sales $21.95 billion to $22.25 billion.Q1 sales $5.29 billion versus I/B/E/S view $5.29 billion.Sees Q2 2017 earnings per share $0.80 to $0.88.Sees FY 2017 earnings per share $4.17 to $4.43 including items.Q1 earnings per share $0.98 excluding items.Q1 earnings per share $0.85.Q1 earnings per share view $0.98 -- Thomson Reuters I/B/E/S.Q2 earnings per share view $0.89, revenue view $5.24 billion -- Thomson Reuters I/B/E/S.FY earnings per share view $4.47, revenue view $22.12 billion -- Thomson Reuters I/B/E/S.Dollar Tree Inc - sees slightly positive to low single-digit increase in same-store sales for combined enterprise in Q2 of 2017.Dollar Tree Inc qtrly enterprise same-store sales increased 0.5%.Dollar Tree Inc - during quarter, company opened 164 stores, expanded or relocated 51 stores, and closed 16 stores.Dollar Tree Inc - extra week, in Q4, expected to add $400-$430 million to sales and $0.19-$0.22 to diluted EPS, both of which are included in guidance.Sees slightly positive to low single-digit increase in FY same-store sales.  Full Article

Dollar Tree enters into amendment no. 3 to credit agreement
Thursday, 1 Sep 2016 

Dollar Tree Inc : On August 30, 2016, entered into amendment no. 3 to credit agreement . Third amendment reduced applicable interest rate margin with respect to company's term loan a facility - SEC filing .Total amount borrowed under amended credit agreement is unchanged from total amount borrowed under existing credit agreement.  Full Article

Dollar Tree CFO- "Consumer still seeing a lot of pressure on costs increase with rent and food and health care and taxes"
Thursday, 25 Aug 2016 

Dollar Tree Inc : On conf call- merchandise margin increased in q2 . On conf call- opened a total of 99 new Dollar Tree stores in Q2 . New and newly re-bannered stores increased cannibalization of comparable sales in Q2, expect this to be a headwind through remainder of year . Currently reviewing opportunities to refinance our current debt structure given market conditions in the capital markets . Ceo- "our SNAP or food stamp penetration is fairly small to begin with, especially in the Dollar Tree segment so it's less than 5%" . Certainly our customers at Family Dollar are still under pressure from snap cuts . "I can't tell you (competition) is an issue anymore for us than it usually is" . Cfo- " consumer still seeing a lot of pressure on costs increase with rent and food and health care and taxes" Further company coverage: [DLTR.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Dollar Tree Q2 EPS $0.72
Thursday, 25 Aug 2016 

Dollar Tree Inc : Dollar tree, Inc reports results for the second quarter fiscal 2016 . Sees FY 2016 earnings per share $3.67 to $3.82 . Sees q3 2016 sales $5.02 billion to $5.1 billion . Sees FY 2016 sales $20.69 billion to $20.87 billion . Q2 sales $5.0 billion versus I/B/E/S view $5.09 billion . Sees q3 2016 earnings per share $0.76 to $0.82 . Q2 earnings per share $0.72 . Q2 earnings per share view $0.73 -- Thomson Reuters I/B/E/S . Sees low single-digit increase in same-store sales in q3 . Full-Year 2016 sales outlook is based on a low single-digit increase in same-store sales . Q3 earnings per share view $0.76, revenue view $5.13 billion -- Thomson Reuters I/B/E/S . FY earnings per share view $3.79, revenue view $20.97 billion -- Thomson Reuters I/B/E/S .Q2 same store sales rose 1.2 percent, on a constant-currency basis.  Full Article

Dollar Tree to eliminate 370 positions amid merger integration
Friday, 5 Aug 2016 

Dollar Tree Inc : Shared back-office functions created to leverage costs across both banners . "plan to keep our customer-facing organizations separate and focused on individual banners" . Dollar tree announces corporate restructuring related to merger integration . Company will eliminate 370 positions, including 100 vacant positions, at its family dollar store support center in Matthews, NC . Company expects to incur pre-tax expense of approximately $6 million during fiscal 2016 related to restructuring . Says expects to incur pre-tax expense of approximately $6 million during fiscal 2016 . Store operations and merchandising functions will remain largely unchanged .Believes it is well positioned to achieve $300 million in combined run rate annual synergies by end of 3rd year following July 2015 acquisition.  Full Article

BRIEF-Dollar Tree Says On April 19 Co Entered Into Credit Agreement With JPMorgan Chase Bank Providing For $2,032 Mln In Senior Credit Facilities

* DOLLAR TREE SAYS ON APRIL 19 CO ENTERED INTO CREDIT AGREEMENT WITH JPMORGAN CHASE BANK PROVIDING FOR $2,032 MILLION IN SENIOR CREDIT FACILITIES - SEC FILING