Dollar Tree comes out on top
Higher customer spending and lower costs help drive better-than-expected fourth quarter sales and profit at Dollar Tree.
The discounter’s solid quarterly performance capped a year in which it opened 584 new stores and exceeded $20 billion in sales.
Dollar Tree reported net sales of $5.64 billion for the quarter ended Jan. 28, up 5.0% from $5.37 billion in the year-ago period.