News Formal

Dollar Tree’s Earnings Add to Retailers’ Concerns About a Rise in Theft. The Stock Falls.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The discount retailer reported a decline in its gross margin year over year, partly due to inventory loss.

Dollar Tree became the latest retailer on Thursday to highlight pressure on profits from inventory loss.

The discount retailer reported second-quarter earnings of 91 cents per share on revenue of $7.32 billion for the second quarter, which ended July 29. This beat estimates by analysts tracked by FactSet who were looking for 87 cents on $7.2 billion.Dollar Tree reported a gross margin of 29.2% in the latest quarter, a decline of 220 basis points from the same period last year.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Baidu Earnings: BIDU rises 4% following 43% increase in adjusted earningsBaidu (BIDU) stock surged in Tuesday’s premarket following the Chinese search giant’s release of a major earnings beat for the quarter ending June 30
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »

Nvidia Q2 Earnings Results: NVDA pops to $515 on significant beat on earnings, revenueNvidia (NVDA) stock popped nearly 10% late Wednesday after walloping second-quarter consensus by a wide margin. The leading semiconductor designer rep
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »