CURA_1170x120

Family Dollar

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

Dollar Tree posts sales, profit gains

Dollar Tree posts sales, profit gains

CHESAPEAKE, Va. — Dollar Tree Inc. reported better-than-expected sales and earnings for the fourth quarter. Consolidated net sales increased 5.0% to $5.64 billion for the 13 weeks ended January 28, and gross profit increased 9.3% to $1.81 billion. “We are pleased with our overall performance for fiscal 2016,” said chief executive officer Bob Sasser. “For

Mac Naughton named Family Dollar president

CHESAPEAKE, Va. — Dollar Tree this month announced the appointment of former Walmart executive Duncan Mac Naughton as president and chief operating officer of the company’s Family Dollar chain. He will report to Gary Philbin, who has been promoted to a new role as enterprise president of Dollar Tree. Mac Naughton has more than 30

Former Family Dollar exec Wong is CMO at Lowe’s

Former Family Dollar exec Wong is CMO at Lowe’s

MOORESVILLE, N.C. — Former Family Dollar executive Jocelyn Wong has been named chief marketing officer at the home improvement retailer Lowe’s Cos. Wong most recently served as senior vice president and general merchandising manager for the seasonal business at Lowe’s. In her new position, she reports to chief customer officer Michael McDermott. She succeeds Marci