The company said it now expects fiscal 2021 earnings per share of $5.40 to $5.60, compared with its prior forecast of $5.80 to $6.05.
(Reporting by Uday Sampath in Bengaluru; Editing by Saumyadeb Chakrabarty)
Real-time Estimate
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5-day change | 1st Jan Change | ||
116.9 USD | -3.97% | -3.42% | -17.26% |
Apr. 16 | Evercore ISI Cuts Dollar Tree's Price Target to $142 From $144, Maintains In Line Rating | MT |
Apr. 15 | JPMorgan Adjusts Dollar Tree's Price Target to $152 From $144, Keeps Overweight Rating | MT |
(Reuters) - Dollar Tree Inc cut its full-year profit forecast on Thursday as the discount retailer joined rival Dollar General Corp in flagging that surging supply chain costs were pinching its margins.
The company said it now expects fiscal 2021 earnings per share of $5.40 to $5.60, compared with its prior forecast of $5.80 to $6.05.
(Reporting by Uday Sampath in Bengaluru; Editing by Saumyadeb Chakrabarty)
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-17.26% | 26.54B | |
+1.69% | 109B | |
+8.21% | 2.47B |