Dollar Tree Inc
NASDAQ:DLTR

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Dollar Tree Inc
NASDAQ:DLTR
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Price: 75.28 USD 2.59%
Market Cap: 16.2B USD
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Dollar Tree Inc
Investor Relations

Dollar Tree Inc., a stalwart in the discount retail industry, weaves a narrative of affordability and strategic prowess. Originally founded in 1986, the company has etched its unique niche by strictly adhering to a single-price-point promise – offering an array of items for just one dollar. This particular business model, while simple in appearance, is emblematic of their efficient operational strategies. Dollar Tree sources its products globally, leveraging bulk purchasing and cost-effective supply chains to maintain desired margins. The store shelves brim with an eclectic mix of categories including groceries, health and beauty aids, household supplies, and seasonal merchandise, all curated to appeal to bargain hunters and budget-conscious consumers across a broad spectrum.

As it unfolds from its roots, Dollar Tree's growth is not just anchored in low pricing. In 2015, the company made a bold leap forward by acquiring Family Dollar, another discount retailer, enabling a complementary expansion of its market footprint. This acquisition allowed Dollar Tree to operate under two distinct banners, thereby capturing a broader demographic. The synergy between Dollar Tree’s fixed-price model and Family Dollar’s multi-price points has provided it with a competitive edge. Revenue streams are meticulously bolstered through an extensive network of nearly 16,000 stores across North America, supported by a distribution system adept at managing costs and maintaining inventory turnover. This model provides a steady stream of revenue, fueled by the high volumes of customers attracted by the promise of value for money in uncertain economic climates.

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Management

Mr. Michael C. Creedon Jr.
Interim CEO
No Bio Available
Mr. Jeffrey A. Davis BS, EMBA
Chief Financial Officer
No Bio Available
Mr. Lawrence J. Gatta Jr.
Chief Merchandising Officer of Family Dollar Banner
No Bio Available
Mr. H. Ray Compton
Co-Founder
No Bio Available
Mr. Aditya Maheshwari
Senior VP & Chief Accounting Officer
No Bio Available
Mr. Robert Aflatooni
Chief Information Officer
No Bio Available
Mr. Robert Andrew LaFleur
Senior Vice President of Investor Relations
No Bio Available
Mr. Jonathan B. Leiken J.D.
Chief Legal Officer & Secretary
No Bio Available
Mr. John Scudder
Chief Ethics & Compliance Officer
No Bio Available
Mr. Steve Schumacher
Executive VP & Chief People Officer
No Bio Available

Contacts

Address
VIRGINIA
Chesapeake
500 Volvo Pkwy
Contacts
+17573215000.0
www.dollartree.com