NASDAQ:DLTR - Nasdaq - US2567461080 - Common Stock - Currency: USD
Deal pros may be surveying the landscape for restaurant brands that are on the brink of Chapter 11. Plus: Family Dollar is for sale.
Recent economic data shows investors that a potential rotation out of cyclical names is starting, one that could benefit these defensive stocks.
Private equity firms Apollo Global Management and Sycamore Partners are among the bidders who are competing to acquire Family Dollar, a discount retail brand operated by Dollar Tree, according to people familiar with the matter. Investment firm Brigade Capital Management has also expressed interest in buying Family Dollar, the sources said, requesting anonymity as the discussions are confidential. A deal for Family Dollar, which could value the retailer at several billion dollars, is not imminent, the sources said, cautioning that Dollar Tree could choose not to sell the business.
Target, and other many retail stores, are trading lower after Walmart Inc. issued soft first-quarter guidance.
Dollar Tree (DLTR) concluded the recent trading session at $75.62, signifying a +1.48% move from its prior day's close.
Dollar Tree (DLTR) reachead $71.74 at the closing of the latest trading day, reflecting a -0.69% change compared to its last close.
DLTR's store-related efforts appear encouraging. The company has been doing a comprehensive review of its Family Dollar portfolio.
Mentions: WBA
The latest trend on TikTok and social media is "No Buy" where users vow to spend less or nothing in 2025 because they are tired of high interest rates & prices
Dollar Tree (DLTR) reachead $72.07 at the closing of the latest trading day, reflecting a +1.39% change compared to its last close.
Shareholders of Dollar Tree would probably like to forget the past six months even happened. The stock dropped 32.7% and now trades at $70.56. This may have investors wondering how to approach the situation.
Dollar Tree (DLTR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
DLTR is expanding its store formats and product range. However, rising costs and weak demand from low-income consumers pose challenges.