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Dollar Tree says it's winning over higher-income shoppers and may offset tariffs with price hikes [CNBC]

Dollar Tree, Inc. (DLTR)  More Company Research Source: CNBC
Last dollar tree, inc. earnings: 3/4 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: dollartreeinfo.com/investors
The company said it could use negotiations with suppliers, manufacturing changes and price increases to mitigate the effect of President Donald Trump's tariffs. Dollar Tree reported fourth-quarter earnings Wednesday and said it would sell its struggling Family Dollar chain. said Wednesday that it's gaining market share with higher-income consumers and could raise prices on some products to offset President 's The discount retailer's CEO, Michael Creedon, said the company is seeing “value-seeking behavior across all income groups.” While Dollar Tree has always relied on lower-income shoppers and gets about 50% of its business from middle-income consumers, sustained inflation has led to “stronger demand from higher-income customers,” Creedon said. Dollar Tree's success with higher-income shoppers follows similar gains from , which has following the prolonged period of high prices. Trump's tariffs on certain goods from China, Mexico and Canada — and the potential for broad dut [Read more]

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