|Bid||100.00 x 800|
|Ask||101.53 x 1800|
|Day's range||100.37 - 102.14|
|52-week range||84.41 - 120.37|
|Beta (5Y monthly)||0.88|
|PE ratio (TTM)||17.85|
|Earnings date||25 Aug 2021 - 30 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||118.42|
Today we're going to take a look at the well-established Dollar Tree, Inc. ( NASDAQ:DLTR ). The company's stock saw...
Dollar stores were already a dynamic force in retail from when the housing market collapse over a decade ago sent the economy reeling into recession, attracting even upper-income shoppers to their aisles. Last year's pandemic cemented their role as essential businesses, often because their broad assortment of consumable goods and even fresh produce allowed strapped consumers to consolidate all of their shopping in one trip. While most had expansion plans already in place, the post-pandemic period is likely when those new stores will flourish and we'll see just how well the investments pay off.
Despite COVID-related costs and higher freight expenses, Dollar Tree (DLTR) remains well poised for growth on the back of its store optimization strategies and robust same-store sales.