Dollar Tree to sell Family Dollar business for $1 billion [CNBC]
Dollar Tree, Inc. (DLTR)
Last dollar tree, inc. earnings: 3/4 07:30 am
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US:NASDAQ Investor Relations:
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Source: CNBC
said on Wednesday it will sell its Family Dollar business to a consortium of private-equity investors for about $1 billion, as the looks to restructure its business and cut costs. The discount-retail chain, which Dollar Tree bought in 2015 for about $9 billion, will be acquired by Brigade Capital Management and Macellum Capital Management. Shares of Dollar Tree were up 6% in premarket trading. The company, which is in the midst of a restructuring, first said in June it , including a sale, for its Family Dollar business, as it struggled with competition from big-box retailers such as , and online retailers including , Shein and Temu. It appointed a new CEO in December after industry veteran decided to step down following a two-year stint due to health concerns. replaced Dreiling, and was tasked to lead a turnaround. Dollar Tree also named former Tyson Foods executive Stewart Glendinning as its finance chief earlier this month. Excluding sales from the Family Dollar banner,
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DLTR
Earnings
- 12/3/25 - Beat
DLTR
Sec Filings
- 12/10/25 - Form 4
- 12/3/25 - Form 10-Q
- 12/3/25 - Form 8-K
- DLTR's page on the SEC website