Dollar Tree’s quarterly performance looks bright now that the Family Dollar banner is no longer weighing it down.
“In our view, Dollar Tree’s business remains solid and should continue to benefit from a stickier core consumer and gains from middle-to-upper income consumers trading down as macro trends remain challenging,” Telsey Advisory Group analysts said in an emailed note. “Furthermore, the company should benefit from the rollout of multi-price point products, which should provide a long runway of growth.”
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