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Dollar Tree's decision to ditch the everything-for-$1 strategy is helping it weather the tariff storm
DLTRDollar Tree(DLTR) Business Insider·2025-06-04 23:35

Dollar Tree ditched its single 1pricepointyearsago.Now,executivessay,thatsgivingtheretaileranadvantageasitdealswithtariffs.ThediscountchainsaidWednesdaythatitwouldfaceanextra1 price point years ago. Now, executives say, that's giving the retailer an advantage as it deals with tariffs. The discount chain said Wednesday that it would face an extra 70 million in tariff-related costs during its second quarter after a brief period this spring when it had to pay duties of 145% on some imports from China, CFO Stewart Glendinning said on the company's first-quarter earnings call.Those extra costs could send Dollar Tree's earnings per share between 45% ...