) shares are sinking after the discount retailer missed second quarter earnings estimates — posting $7.37 billion in revenue and adjusted earnings of $0.67 per share . Dollar Tree also cut its full-year guidance.breaks down the earnings report, Dollar Tree CEO Rick Dreiling attributing this performance to"immense pressures from a challenging macro environment.
I've been asking you the same question about, but what stood out to you about this particular Good morning Ma?Dollar Tree shares falling as much as 17.5% of free market trading as investors are really digesting.The second half of 2024 taking closer look at those key metrics that Wall Street looks at revenue earnings and same source sales growth miss across the board revenue came in at $7.
I thought it was really interesting that executives pointed out on the call that shrink remains unacceptably high.We also know that dollar tree has been implementing multi more higher price goods and they're navigating how to adapt to shrink there as well.
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