One dollar bill Tree Q4 Same-store Sales Slip, Reaffirmss Outlook
NEW YORK — Dollar Tree Stores Inc. informated Thursday that its fourth-quarter gross revenue at stores open at least one twelvemonth fell 0.8%. Total fourth-quarter gross sales were USD 1.3 000 000 000, up 5% from the corresponding 13 hebdomads of the year-earlier quarter. “Gross revenue for the fourth quarter excogitate continuing pressure on the consumer from a more often than not challenging economical environment,” told Bob Sasser, President and CEO. The deduction retailer likewise reaffirmed its profits forecast of 99 centimes to USD 1.06 a percentage for the fourth quarter and USD 2.06 to USD 2.13 a percentage for the twelvemonth, within old guidance ranges. Psychoanalysts, on average, anticipate fourth-quarter profits of USD 1.03 a percentage and full-year profits of USD 2.10 a percentage, according to Thomson Financial.