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Family Dollar

Three executives promoted at Dollar Tree

CHESAPEAKE, Va. — In a reorganization of its senior management structure, Dollar Tree Inc. has promoted three ­executives. In addition, Duncan Mac Naughton, who had been serving as president of the Family Dollar segment of the business, has left the ­company. The management changes are intended to improve the execution of Dollar Tree’s overall  strategy

Dollar Tree promotes three executives to new roles

Dollar Tree promotes three executives to new roles

CHESAPEAKE, Va. — Dollar Tree Inc. is promoting three executives as part of a reorganization of its leadership structure, the company said on Wednesday. Michael Witynski has been promoted to enterprise president of the corporation and will lead the merchandising, store operations, and supply chain functions for the Dollar Tree and Family Dollar business segments.

Dollar Tree reports net sales gain for Q3

Dollar Tree reports net sales gain for Q3

CHESAPEAKE, Va. — Dollar Tree on Tuesday reported net sales rose 3.7% to $5.75 billion in the third quarter and comparable-store sales increased 2.5%. But the retailer said higher costs associated with the U.S.-China trade war will add $19 million in costs in the current quarter, when per-share earnings are projected to miss Wall Street

Dollar Tree reports sales, net earnings gain in Q3

Dollar Tree reports sales, net earnings gain in Q3

CHESAPEAKE, Va. — Dollar Tree Inc. reported a 4.2% increase in consolidated net sales, to $5.54 billion, for its fiscal 2018 third quarter. Same-store sales for the company increased 1%, and net income increased 5.1% to $281.8 million. “We delivered earnings within the range of our expectations despite continued cost pressures related to domestic freight

Dollar Tree posts sales gain in second quarter

Dollar Tree posts sales gain in second quarter

CHESAPEAKE, Va. — Dollar Tree Inc. reported an enterprise-wide same-store sales gain of 1.8% for the second quarter. Sales in the company’s Family Dollar chain were flat, while sales in the Dollar Tree chain advanced by 3.7%. The company’s overall consolidated sales for the quarter ended August 4 increased 4.6% over the comparable prior year

Dollar Tree celebrates opening of 15,000th store

Dollar Tree celebrates opening of 15,000th store

CHESAPEAKE, Va. — Dollar Tree this weekend is celebrating the milestone of its 15,000th store opening, with discounts and promotions at its outlets across the United States and in five Canadian provinces. In addition, selected new Dollar Tree and Family Dollar stores have scheduled grand openings for this weekend, with festivities including giveaways, ribbon-cutting ceremonies, private

Dollar Tree posts solid fourth quarter results

Dollar Tree posts solid fourth quarter results

CHESAPEAKE, Va. — Dollar Tree Inc. on Wednesday reported strong sales and earnings for its fourth quarter and fiscal year ended February 3. Net income for the year increased 91.3% to $1.71 billion, and consolidated net sales for the year increased 7.4% to $22.25 billion. In the fourth quarter, net income more than tripled to

Dollar Tree beats expectations in third quarter

Dollar Tree beats expectations in third quarter

CHESAPEAKE, Va. — Dollar Tree Inc.’s third quarter sales and earnings topped expectations, helped by higher transaction counts and bigger basket sizes. “Our team delivered terrific results in the third quarter,” Dollar Tree president and chief executive officer Gary Philbin said in a statement. “Same-store sales accelerated in both the Dollar Tree and Family Dollar

Dollar Tree Q2 results top expectations

Dollar Tree Q2 results top expectations

CHESAPEAKE, Va. — Dollar Tree Inc. reported stronger than expected results for its second fiscal quarter. “I am extremely pleased with the quarter,” chief executive officer Bob Sasser said in a statement on Thursday. “Both Dollar Tree and Family Dollar produced positive same-store sales, our enterprise operating margin improved 80 basis points and earnings per

Dollar General buys 323 stores

GOODLETTSVILLE, Tenn. — Dollar General Corp. is acquiring Dollar Express Stores LLC, operator of a chain of 323 discount stores in 36 states that were being run as Family Dollar outlets but had been sold off in 2015 when Family Dollar Stores Inc. accepted a buyout offer from then-rival Dollar Tree Inc. The 323 stores