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Benzinga
Benzinga
Business
Vandana Singh

BIZARRE: Dollar tree raises outlook but tariff pressures spark investor selloff - You Need To See This

Dollar Tree DLTR United States
Dollar Tree

Dollar Tree Inc. (NASDAQ:DLTR) shares fell on Wednesday after the discount retailer posted stronger-than-expected second-quarter sales and earnings, as margin pressures from tariffs and a cautious profit outlook tempered investor sentiment.

The discount retailer’s second-quarter sales increased 12.3% to $4.567 billion, beating the consensus of $4.484 billion. Same-store net sales increased 6.5%, driven by a 3% increase in traffic and a 3.4% increase in average ticket.

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