Dollar Tree gains on sale of Family Dollar banner for $1 billion
ReutersMar 26, 2025 2:08 PM
Shares of discount retailer Dollar Tree DLTR.O up as much as 4.4% at $70.12 in early trading
*To sell its struggling Family Dollar banner to a consortium of private-equity investors for about $1 billion
We think this transaction is a significant win for Dollar Tree and DLTR shareholders... the long-term advantages from separation of the business should be substantial - Scot Ciccarelli, analyst with Truist Securities
In June last year, DLTR said it was exploring options for its Family Dollar business
Excluding sales from Family Dollar, DLTR's fourth-quarter net sales were $5 billion, compared with $4.96 billion a year earlier
Including session moves, stock down about 7% YTD
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