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

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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.

 

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