Dollar Tree Lifts Annual Profit Target as It Sees Steady Demand for Affordable Products
Dollar Tree raised its annual profit forecast on Wednesday after beating quarterly earnings estimates, as the discount retailer expects steady demand for its affordable essentials to help counter the impact of tariff-led uncertainty.
The Chesapeake, Virginia-based company's strategy of focusing on expanding its product assortment at varied price points helped draw more customers from different income groups to its stores.
Shares of the company were up about 2% in premarket trading...
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