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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: tecmo   😊 😞
Number: of 15062 
Subject: Re: DLTR Earnings
Date: 03/13/2024 10:18 AM
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Some additional color

https://www.cnbc.com/2024/03/13/dollar-tree-dltr-q...

Store Closings : Could be as many as 1,000 stores (they currently operate 16,774)
Sales Forecast : $31B to $32B (2023 Revenue was $28B)
Earnings Forecast : $6.70 to $7.30

The stock is trading at just under $130 / share roughly a 18x multiple if you take the mid-point of the EPS forecast.

Clearly the stores they are closing must be dead weight if they think they can grow revenue 10% with 5% less stores.

tecmo
...

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