CHESAPEAKE, Va. — Dollar Tree here saw its stock reach a 52-week high last week after the dollar-store chain posted a 38.5% increase in first-quarter net income, a 9.2% comparable-store sales gain and issued a positive outlook for the rest of the year. The dollar-store chain said profits totaled $60.4 million on a sales increase of 14.2%, to $1.2 billion. It increased its sales projection for the year to $5.05 billion to $5.15 billion, up from a previous range of $4.96 billion to $5.09 ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.