Sales Grow at Dollar Tree

Aggressive courting of bargain-focused shoppers drove strong quarterly sales for discounter Dollar Tree, but the retailer maintained a cautious outlook for the second half of the year. Dollar Tree reported net income of $37.6 million, or 42 cents per share, on sales of $1.1 billion for the quarter, which ended Aug. 2. Earnings improved by 27.3% over the same period a year ago,

CHESAPEAKE, Va. — Aggressive courting of bargain-focused shoppers drove strong quarterly sales for discounter Dollar Tree here, but the retailer maintained a cautious outlook for the second half of the year.

Register to view the full article