Why will DLTR be quadruple the market cap it is now in 10 years? Boomers. Market is not going to give the same returns as it did in the past and therefore retirees will be retiring with less money. Where will they shop to save money? Dollar Tree.
i would welcome it as it would allow me to continue to pick up cheap shares. This company has had 9 staright quarters of beating expectations. It will continue to do so as America is not going anywhere in the next 10 years and people will need to buy things on the cheap. Dollar Tree is opening 70 stores this year. More stores means more profit. Don;t you hear and see the fear in the market. That is the mindset of everyone outside of it, even those with jobs. Savings rate is up, which means people are shopping at stores like Dollar Tree to save as much as possible.