From Yahoo Finance: 2025-06-04 09:26:00

Dollar Tree faces pressure from tariffs, expects Q2 profits to drop up to 50%. Stock fell 8.4%. Mitigation efforts planned for later in the year. Negotiating with suppliers, changing origin of products to offset costs. Sales and profit up due to new customers, higher trip frequency, attracting higher-income shoppers.

Dollar Tree posted Q1 profit of $343.4 million, adjusted EPS beat expectations at $1.26. Revenue rose 11% to $4.64 billion, same-store sales up 5.4%. Sale of Family Dollar approved, expected to close in Q2 of fiscal 2025. Expects adjusted EPS of $5.15 to $5.65 for fiscal 2025.

Dollar Tree remains optimistic despite tariff pressure, managing costs effectively. Dollar General also reports strong sales. Dollar Tree’s sale of Family Dollar on track, expects net proceeds of $800 million. Adjusted EPS guidance raised for fiscal 2025. Sales outlook remains steady.

Read more: Dollar Tree Warns of Near-Term Tariff Pressure as Profit, Sales Rise