By Elsa Ohlen
Dollar Tree stock fell even as the discount retailer reported quarterly earnings that beat analysts' expectations.
Fiscal first-quarter adjusted earnings of $1.26 a share on sales of $4.6 billion topped analysts' expectations for earnings of $1.21 a share on sales of $4.5 billion, according to FactSet.
"History has shown that we have the resilience to emerge stronger from periods of economic uncertainty and in today's rapidly evolving environment," said CEO Mike Creedon.
The stock was down 1.8% to $95 in premarket trading. Coming into Wednesday, shares have risen 29% this year.
Write to Elsa Ohlen at elsa.ohlen@barrons.com
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(END) Dow Jones Newswires
June 04, 2025 06:48 ET (10:48 GMT)
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