As the economy grows and continues to boost returns, people are more likely to spend their money. The Dollar Tree has the luxury of selling goods at a price point that everyone can relate too. If the economy slows, they certainly will be affected at some point, but they have a better chance at surviving a recession than a company that sells high-end luxury goods. If you follow their recent news, the company has been doing well. Now, let us take a look at their recent numbers and see if they can keep up these growth trends. [more
Dollar Tree (DLTR) is traded on BATS Exchange in USA. It is located in VIRGINIA U.S.A and employs 56,300 people. Dollar Tree is listed under Retail category by Fama And French industry classification.The company currently falls under 'Large-Cap' category with current market capitalization of 20 B. Dollar Tree conducts business under Consumer Defensive
sector and is part of Discount Stores
industry. This company has 237.89 M outstanding shares of which 5.18 M shares are currently shorted by private and institutional investors with about 2.1 trading days to cover.
DOLLAR TREE STORE currently holds about 647.3 M in cash with 564.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.72.
Check Dollar Tree Probability Of Bankruptcy