11月4日，美元树宣布首席执行官Rick Dreiling离职，并任命Michael C. Creedon Jr.担任临时首席执行官，同时正在寻找继任者。管理层的突然变动可能会损害美元树在这一关键时刻的运营能力，尽管该公司在公告中重申了其全年和第三季度指引。The usa dollar store giant Dollar Tree (DLTR.US) will release its third-quarter financial report.
According to Zhikong Finance APP, the usa dollar store giant Dollar Tree (DLTR.US) will announce its third-quarter financial report before pre-market trading on December 4 (Wednesday). The market expects the company's Q3 revenue to be $7.45 billion, a year-on-year increase of 1.9%; the eps is expected to be $1.07, a year-on-year increase of 10.3%.
Under the current economic environment, dollar stores are under significant pressure. Many have noticed that walmart (WMT.US) is capturing market share from dollar stores. Walmart's strong performance in the third quarter may serve as a warning signal to Dollar Tree investors. Notably, Walmart's comparable sales in the usa grew by 5.3% in the third quarter, exceeding analyst expectations of 3.61%, with this growth covering multiple categories, including the commodity sector that has been declining for two years due to inflationary pressures.
On November 4, Dollar Tree announced the departure of CEO Rick Dreiling and appointed Michael C. Creedon Jr. as interim CEO while searching for a successor. The sudden management changes may impair Dollar Tree's operational capability at this critical moment, although the company reiterated its full-year and third-quarter guidance in the announcement.
Additionally, one-time expenses from store closures may continue to erode Dollar Tree's profits. Dollar Tree announced plans to close nearly 1,000 stores at the end of last year, with 600 having closed this year, accounting for 3.75% of the company's 0.016 million stores. Following the closure of a significant number of stores, analysts believe that Dollar Tree's third-quarter sales are unlikely to show growth compared to the same period last year.
More concerning is that Trump, who is running on a platform of raising tariffs, is set to return to the White House, which poses a clear threat to Dollar Tree that relies on low-priced imported goods. In fact, the tariffs imposed by Trump in 2018 harmed Dollar Tree, causing the company's stock price to drop by 16% that year. In this election cycle, tariffs seem to occupy a more prominent place in the early agenda of the Trump administration, indicating that Dollar Tree's stock price may face more resistance in the coming year.
Overall, Wall Street analysts give Dollar Tree a "hold" rating, with an average target price of $81.37, which is 14% higher than the current level. Dollar Tree's stock price has fallen nearly 50% so far this year.
