Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Reasons Dollar Tree Is a Buy

TheMotleyFool

0 0

Dollar Tree's (NASDAQ: DLTR) business was strong in 2020, as consumers spent more on staples like groceries and household goods. The stock-up effect created by the coronavirus pandemic helped many necessities-focused retailers, and Dollar Tree saw its results boosted, with a 28.7% increase year over year in earnings per share during its third-quarter report (for the quarter ended Oct. 31, 2020). The prior quarter saw earnings per share increase by 44.7%.

While the current macro drivers will likely ease as coronavirus cases continue to decrease, Dollar Tree is still positioned to perform well over the long term.

Here are three reasons Dollar Tree's shares are worth a look.

Source Fool.com

Like: 0

DLTR

Share