Dollar Tree Tanks on Earnings: Is the Stock Too Cheap to Pass Up?
Dollar Tree(DLTR) The Motley Fool·2024-09-12 16:33
Have investors overreacted to a bad quarter? The U.S. economy isn't in a recession yet, but there is no shortage of consumers who are struggling right now. Multiple years of price increases and higher housing costs are wearing down low-income consumers who shop at dollar stores. While you might assume a stock like Dollar Tree (DLTR 1.82%) should be fairly resilient in times like these, even it's having trouble generating much growth. The dollar store chain's recent earnings numbers weren't impressive, and t ...