Dollar Tree, Inc. operates Dollar Tree and Dollar Tree Canada stores, with a market cap of $23.9 billion. Despite slipping 4.3% from its 52-week high, DLTR has gained 21.1% in three months, outperforming the Dow Jones. Shares rose 27.3% in six months and 67.4% in the last year.
DLTR’s strong performance is driven by its multi-price strategy, expanded assortment, and operational efficiency. Halloween sales were strong, and multi-price offering boosts profitability. With improved supply chain performance, DLTR expects continued seasonal strength. Revenue of $4.8 billion in Q3 exceeded estimates.
Dollar General lags behind DLTR in the discount stores arena. Wall Street analysts are moderately bullish on DLTR, with a consensus “Moderate Buy” rating. While trading above the mean price target of $113.09, the Street-high price target of $140 suggests a 16.3% upside potential.
Read more at Yahoo Finance: Is Dollar Tree Stock Outperforming the Dow?
