|Bid||82.92 x 2200|
|Ask||82.95 x 800|
|Day's Range||82.24 - 83.56|
|52 Week Range||78.78 - 116.65|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||11.53|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
Icahn has yet to confirm his stake, but New York Post's sources said he may be looking to reverse its 2015 acquisition of rival Family Dollar he profited on. Thomas said Dollar Tree investors have become disappointed in recent quarters as Family Dollar hasn't posted a quarter of positive comp growth in 2018.
While the Post indicated that Icahn's plans for Dollar Tree are not immediately clear, the investor boasts experience in managing struggling discount stores. In 2014, the hedge fund manager took an activist stake in Family Dollar, campaigning for the firm to sell itself.
Shares of Dollar Tree (DLTR) soared nearly 7% Tuesday on the back of a report that said activist billionaire investor Carl Icahn is amassing a significant stake in the discount retail firm. With that said, the holiday shopping season looks to be strong amid sky-high consumer confidence. So, let's take a look at three other discount retail stocks that seem like they might better buys right now.
Dollar Tree Inc. (DLTR) spiked on Tuesday after the New York Post reported that billionaire activist investor Carl Icahn (Trades, Portfolio) had built a sizeable stake in the discount retailer. Warning! GuruFocus has detected 4 Warning Signs with DLTR. Dollar Tree has been struggling for a while, but its core business remains strong, with stable revenue growth, even when accounting for the 2014 acquisition of Family Dollar.
The stock market was sharply higher late Tuesday, helped in part by strong earnings from top stocks in the Dow like UnitedHealth Group and Johnson & Johnson.
For the trailing twelve months ending September 30, 2018, performance for the Institutional share class was +23.15% compared with S&P 500 Total Return at +17.91%. Such companies are evidenced by superior Business Models, People, and abundant Reinvestment opportunity. Warning! GuruFocus has detected 4 Warning Signs with DLTR.
Billionaire investor Carl Icahn established a large stake in struggling Family Dollar in 2014. He pressured the company to seek a buyer and turned a significant profit when it was acquired by Dollar Tree, ...
may have a big backer in billionaire activist investor Carl Icahn, and that is sending the stock higher Tuesday, Oct. 16. Dollar Tree shares were up nearly 6% Tuesday after the New York Post reported that Icahn has been quietly building a stake in the struggling discount retailer. Icahn's General Counsel Jesse Lynn declined to comment on the New York Post story, and told TheStreet that he didn't know where the Post got its story from.
Per the New York Post, he billionaire investor has taken a "significant" stake in Chesapeake, Virginia-based Dollar Tree.
(Reuters) - Billionaire activist investor Carl Icahn is accumulating a significant stake in discount chain Dollar Tree Inc, the New York Post reported on Tuesday. Icahn's plans for the stake were not immediately ...
Billionaire activist investor Carl Icahn is accumulating a significant stake in discount chain Dollar Tree Inc , the New York Post reported on Tuesday. Icahn's plans for the stake were not immediately ...
Dollar Tree Inc. shares jumped 5.5% after the New York Post reported that Carl Icahn has taken a "significant" stake in the discount retailer. Plans for the stake haven't been disclosed, but the Post highlights the Family Dollar stake that Icahn took in 2014 that led to $200 million in profit for Icahn and Family Dollar's acquisition by Dollar Tree, an $8.5 billion deal. The deal has made it difficult for Dollar Tree to invest in its stores, the Post said. Dollar Tree shares are down 20.6% for the year to date while the S&P 500 index is up 4.4% for the period.
Shares of discount retailer Dollar Tree jumped on Tuesday after The New York Post reported investor Carl Icahn had taken a stake in the company.
Stocks that moved substantially or traded heavily Monday: Harris Corp., up $18.38 to $173.25 The defense contractor said it will combine with competitor L3 Technologies in an all-stock deal. Autodesk Inc., ...
Dollar Tree (DLTR) to hire roughly 25,000 part-time associates for its Dollar Tree and Family Dollar stores to make this year's holiday season a grand success.
The 2.8% Social Security increase announced this week is good news for value retailers like Big Lots Inc. , Dollar Tree Inc. and Dollar General Corp. , according to Raymond James analysts. The hike is the biggest since 2012. "As a reminder, the core customer for Dollar General and Family Dollar has an annual household income of $35K or less," analysts led by Dan Wewer wrote. "The marginal propensity to consume for low-income families is ~100%, therefore, some of the Social Security benefit increase should find its way into a value retailers' store." Raymond James rates Dollar General strong buy with a $122 price target; Dollar Tree is rated outperform with a $90 price target; and Big Lots is rated outperform with a $48 price target. Dollar General shares have gained 12.7% for the year to date, Dollar Tree stock has fallen 24.7%, and Big Lots shares are down about 24% for the year to date. The S&P 500 index is up 3.5% for 2018 so far.
Dollar Tree Inc. said Thursday that it will hire 25,000 associates at its third annual Nationwide Hiring Event on October 17. The company will be staffing up both Dollar Tree and Family Dollar stores. Dollar Tree Inc. has more than 15,000 stores in North America. The company is filling full- and part-time positions as well as seasonal jobs. Dollar Tree shares have sunk 21.5% for the year to date while the S&P 500 index is up 3.8% for the period.
Ask Mary Winston, who has been a member of the Fort Mill-based Domtar board since 2015, how the nation’s corporate boardrooms are doing in terms of minority representation and you will get a candid answer: not very well.
In the first half of fiscal 2018, Five Below’s (FIVE) gross margin increased by 60 basis points to 34.0% due to leverage in store occupancy costs. Subsequently, the operating margin was up by 100 basis points to 8.6%. Five Below is focusing on expanding its presence on mobile devices and social media platforms.
Over the trailing ten quarters, Five Below (FIVE) has beaten Wall Street estimates nine times while matching expectations once.
It has delivered double-digit sales growth in the last five fiscal years. New stores, as well as strong comparable-store sales, were the primary growth drivers. Wall Street analysts are projecting sales growth of 18.2% to $304.1 million for the third quarter.
So far in 2018, more than 9,600 layoffs have been reported to state officials by companies across North Carolina – from GlaxoSmithKline to Wells Fargo to Qualcomm.