Photos of trucks full of leaking detergent and spoiled food reveal a big challenge for Family Dollar [Business Insider]
Dollar Tree, Inc. (DLTR)
Last dollar tree, inc. earnings: 3/4 07:30 am
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Source: Business Insider
Dollar stores opened thousands of new stores in recent years but also faced operational issues. Three times a week, a truck driver reports to a distribution center for Family Dollar in Florida and picks up a trailer full of products destined for one of the retailer's stores. But before he shows up, products in the trailer are already crushed, covered in ants, or have gone soggy in the Florida humidity. Recent examples from the driver's deliveries include crushed jugs of laundry detergent that had leaked onto the trailer's floor and a bag of cheese balls that had burst, sending the snacks into the crannies between water bottles. "Almost every single trailer that I've had, there's product damage," the truck driver told Business Insider. He asked not to be identified, citing potential retaliation at work. BI confirmed the driver's identity and employment. Dollar Tree executives, who have managed Family Dollar since the company acquired it in 2015, have talked on earnings calls a
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- Dollar Tree, Inc. (NASDAQ: DLTR) had its price target lowered by analysts at UBS Group AG from $170.00 to $155.00. They now have a "buy" rating on the stock.MarketBeat
DLTR
Earnings
- 6/5/24 - In-Line
DLTR
Sec Filings
- 6/26/24 - Form 4
- 6/25/24 - Form 144
- 6/24/24 - Form 8-K
- DLTR's page on the SEC website