Dollar Tree Shares Fall on Tempered Forecast

CHESAPEAKE, Va. — Shares of Dollar Tree were trading down by more than 5% Thursday afternoon after the retailer said sales and earnings would come in near the low end of expectations during its current fiscal quarter.

For the fiscal first quarter ended April 30, the discounter reported that sales increased 11.5% to $1.6 billion, while comparable-store sales increased by 5.6%. Net earnings of $116 million increased 6.7%.

Bob Sasser, chief executi