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Why Dollar Tree Stock Was Sliding Today

TheMotleyFool

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Shares of Dollar Tree (NASDAQ: DLTR) were heading lower today. The discount store chain reported better-than-expected results in its second-quarter earnings report and even raised its guidance, but that wasn't enough to overcome concerns about tariff-related headwinds. As a result, the stock was down 8.8% as of 10:31 a.m. ET.

Image source: Getty Images.

Dollar Tree delivered impressive top-line results, with same-store sales up 6.5%, benefiting from 3% growth in traffic and 3.4% growth in the average ticket. That helped drive revenue up 12.3% to $4.57 billion, which topped estimates at $4.48 billion.

Source Fool.com

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