Dollar Tree shares are trading lower in sympathy with Dollar General, which reported worse-than-expected Q2 earnings and lowered FY23 outlook.
Portfolio Pulse from Bill Haddad
Dollar Tree shares are trading lower in sympathy with Dollar General, which reported worse-than-expected Q2 earnings and lowered FY23 outlook.
August 31, 2023 | 2:12 pm
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Dollar Tree's stock price is falling due to Dollar General's poor Q2 earnings and lowered FY23 outlook.
Dollar Tree's stock price is falling as investors are reacting to Dollar General's poor Q2 earnings and lowered FY23 outlook. This suggests that investors may be concerned about similar issues affecting Dollar Tree, leading to a sell-off in its shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100