Dollar Tree Inc reported better-than-expected quarterly same-store sales on Wedn...
- Dollar Tree Inc reported better-than-expected quarterly same-store sales on Wednesday, as it drew more customers to its namesake stores and had the best growth in sales at its struggling Family Dollar business in the fiscal year.
Dollar Tree, which has been under pressure from activist investor Starboard Value LP to sell its underperforming Family Dollar business, announced on Wednesday it would close about 390 Family Dollar stores. Analysts on average expected a 1.5 percent rise in same-store sales, according to IBES data from Refinitiv
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