Dollar Tree Stock Surges on Strong Q3 Results

Dollar Trees stock surged by over three percent following strong Q3 results, with adjusted earnings of $1.21 per share and a 4.2% comparable-store sales growth. The company raised its profit outlook for the year, expecting adjusted earnings between $5.60 and $5.80 per share. Despite initial enthusiasm, the stock settled around $112.26, still up from the previous day. Over the past year, Dollar Trees stock has been volatile, but it has seen a significant 46.8% increase since the start of the year, currently near its 52-week high.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.