Dollar Tree raises annual profit forecast

Reuters
04 Jun
Dollar Tree raises annual profit forecast

June 4 (Reuters) - Discount store operator Dollar Tree DLTR.O raised its annual profit forecast on Wednesday, as lower freight costs and resilient demand for affordable essentials at its stores helped shield its margins.

The company expects fiscal 2025 adjusted earnings per share to be in the range of $5.15 to $5.65, compared with prior forecast of $5.00 to $5.50.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Anil D'Silva)

((AnujaBharat.Mistry@thomsonreuters.com;))

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