4 Dollar Tree Items Worth Purchasing Now (2024)

FAQs

4 Dollar Tree Items Worth Purchasing Now? ›

In the company's most recent earnings call, executive chairman and CEO Rick Dreiling said the increase was part of Dollar Tree's “multi-price point strategy” to offer shoppers a more “relevant assortment,” Business Insider reported.

In the company's most recent earnings call, executive chairman and CEO Rick Dreiling said the increase was part of Dollar Tree's “multi-price point strategy” to offer shoppers a more “relevant assortment,” Business Insider reported.

Purchase Cost

Dollar stores buy a lot of inventory at a time so they can sell things cheaply. Much of the inventory dollar stores purchase cost less than a $1 because they're damaged. But it's buyer beware with items like toys, which can break easily at times.

Dollar Tree has 31.55% upside potential, based on the analysts' average price target. Is DLTR a Buy, Sell or Hold? Dollar Tree has a consensus rating of Moderate Buy which is based on 11 buy ratings, 8 hold ratings and 1 sell ratings.

2015. On July 6, Dollar Tree acquired Family Dollar, located in Charlotte, NC. Just after the acquisition, together we celebrated the opening of our 15,000th store.

Although many items available at your local Dollar Tree, like personal care, food and beverage items, will see a new cap price of $7, up from a max price ceiling of $5 set in June 2023, not all items will be affected by this increase. The vast majority of items will remain priced at $1.25.

Dollar Tree's CEO did say in March the increase will start in 2024 across all stores. "This year, across 3,000 stores, we expect to expand our multi-price assortment by over 300 items at price points ranging from $1.50 to $7," Dollar Tree CEO Rick Dreiling said in the call on March 13.

No need for name-brands

These store-brand items are central to the business model of many dollar stores, which predominantly stock these less expensive alternatives to name brands. These items cost less because they are produced or sourced directly by the stores.

For fiscal 2023, the company lost $998 million, versus a profit of $1.6 billion in 2022. The key reason for its loss is a $594.4 million charge for portfolio review, a $1.07 billion goodwill impairment charge, and a $950 million trade name impairment charge.

Despite the inclusion of items priced above one dollar, Dollar Tree has retained its brand name for continuity and recognition among consumers. The name "Dollar Tree" still conveys the idea of value and affordability, even if not every item in the store is priced at exactly one dollar.

What is the 52 week high for Dollar Tree stock? ›

Click here for our free guide on how to buy Dollar Tree Stock. As of the end of day on the Jul 10, 2024, the price of an Dollar Tree (DLTR) share was $102.48. The 52-week high for Dollar Tree Stock is $154.96 and the 52-week low is $101.83.

Dollar General is the largest dollar store operator both in terms of annual sales (more than $34 billion in 2021) and total store count (some 18,000 locations in 46 states).

Key Takeaways. Dollar Tree posted fourth-quarter earnings Wednesday that fell short of analyst estimates. The discount retailer also announced plans to close 600 Family Dollar locations in the first half of the 2024 fiscal year, and 400 more Family Dollar and Dollar Tree locations in the "next several years."

No, Dollar Tree is a publicly traded company owned by its independent shareholders. WalMart and Dollar Tree are both Fortune 500 companies and are competitors.

Building Across America Like No Other Retailer Can

We are changing that. Building on the success of both brands, we have created a new format bringing together two of your favorite brands — Dollar Tree and Family Dollar — under one roof.

Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 (sometimes referred to as Fortune 200) company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada.

Dollar Tree announced that it is closing 600 of its Family Dollar store locations in 2024. On top of that, the discount retailer also plans to close an additional 370 Family Dollar stores, plus 30 Dollar Tree locations over the next few years, at the end of their leases.

Dollar Tree is Now Offering More Choices

Including our existing $3 and $5 items, you can explore new hidden treasures for every day, season, and occasion—from pet supplies to snacks from brands you love. Enjoy the thrill of the hunt for new items, more choices, and great value.

One strategy is offering products in smaller sizes than those found in larger retailers like Target or Walmart. This smaller size allows dollar stores to keep prices low, but it also means a lower volume of product, potentially leading to higher costs for less product in the long run.