Why Dollar Tree Stock Fell 17% in November
Shares of Dollar Tree (NASDAQ: DLTR) lost 17.2% in value last month, according to data provided by S&P Global Market Intelligence.
Dollar Tree missed earnings estimates when it reported its third-quarter results in late November. Earnings per share came in at $1.08, which was $0.05 below estimates. But the company's same-store sales growth of 2.4% beat expectations of 1.9%.
It was the earnings miss and a cautious outlook for the fourth quarter related to tariffs that spooked market participants, sending the share price down for the month.
Source Fool.com
