Shares of discount treasure-hunt retailer Dollar Tree (NASDAQ:DLTR)
fell 3.8% in the morning session after Guggenheim lowered its price target on the stock, citing concerns over tariffs. The investment firm reduced its target to $125 from $130 but maintained its Buy rating on the discount retailer. Guggenheim noted that volatility in the company's performance is "largely tariff-related," impacting costs and expenses. This follows a period where the stock has underperformed the S&P 500 by about 13%, which the firm attributed to softer comparable sales and weaker-than-expected third-quarter earnings guidance. Adding to the cautious sentiment, Piper Sandler also lowered its price target for Dollar Tree to $108, while maintaining a Neutral rating on the shares.
Let's take a look at the S&P500 stocks that are experiencing notable price gaps in today's session on Monday. Discover the gap up and gap down stocks in the S&P500 index.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at non-discretionary retail stocks, starting with Dollar Tree (NASDAQ:DLTR).
Despite posting strong Q2 results on Wednesday, Dollar Tree stock dipped 8% in today’s trading session, with the post-earnings selloff appearing to be attributed to a combination of somewhat underwhelming guidance for Q3 and profit-taking.
Discount treasure-hunt retailer Dollar Tree (NASDAQ:DLTR) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 12.3% year on year to $4.57 billion. The company’s full-year revenue guidance of $19.4 billion at the midpoint came in 1.3% above analysts’ estimates. Its non-GAAP profit of $0.77 per share was 87.6% above analysts’ consensus estimates.
Wall Street is currently caught in a delicate balancing act, navigating a prevailing sentiment of caution driven by historical patterns and a myriad of economic uncertainties, while simultaneously entertaining contrarian optimism for a robust rebound in the coming months. As the calendar turns to September, a month historically notorious for
Shares of discount treasure-hunt retailer Dollar Tree (NASDAQ:DLTR)
fell 7% in the afternoon session after investors appeared to look past the company's second-quarter earnings beat and raised full-year guidance, focusing instead on concerning underlying trends. The discount retailer reported second-quarter revenue and adjusted earnings that topped Wall Street's expectations and lifted its full-year outlook for both metrics. However, the positive headline numbers were overshadowed by a steep 38.1% year-on-year decline in revenue for the quarter. Furthermore, the company reported negative free cash flow of $88.8 million, and the report highlighted that analysts expect revenue to decline by another 9.6% over the next 12 months. These underlying weaknesses likely spooked investors, leading to the sell-off despite the beat-and-raise quarter.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Wednesday as we examine the latest happenings in today's session.
