DLTR
📊 Dollar Tree reported its quarterly financial results.
🔄 The company announced it will proceed with the spinoff of its Family Dollar division (referred to as Family Tree in transcript) for $1 billion.
💹 The market reacted positively, with the stock trading up around 6% following the earnings and spinoff news.
@bernardodegarcia:
“Then we have Dollar Tree, which just reported quarterly results. Dollar Tree, there it is, just reported quarterly results and will carry out its spinoff of Family Tree for $1 billion, and the company is trading up by 14… oh, sorry, it’s up 6%.”
Watch the exact part of the video where @bernardodegarcia talks about Dollar Tree here:
Watch the video on YouTube
Read more articles analyzing Dollar Tree (DLTR) at the following link. DLTR stock.
