Dollar Tree sales rise less than expected

Posted online March 1, 2016 | 12:35 pm

Dollar Tree, the biggest U.S. discount chain, reported lower-than-estimated quarterly sales.

The company's fourth-quarter sales rose 1.3 percent, below the 2.1 percent rise expected by analysts polled by research firm Consensus Metrix.

Net sales came in at $5.4 billion, up from $2.5 billion last year.

Net income was $229 million, an increase from $206.6 million a year earlier.

Read more from Reuters.

Comments

No comments on this story |

Please log in to add your comment

Council debates when to vote on city manager contract

Editors' Pick

Open for Business: Aspen Elevated Health

A relocation to Nixa from Republic and a rebranding occurred for Aspen Elevated Health; Kuick Noodles LLC opened; and Phelps County Bank launched a new southwest Springfield branch.

Most Read