Investing.com – Dollar Tree (NASDAQ:) reported on Thursday second quarter that beat analysts’ forecasts and revenue that topped expectations.
Dollar Tree announced earnings per share of $1.1 on revenue of $6.28B. Analysts polled by Investing.com anticipated EPS of $0.92 on revenue of $6.21B.
Dollar Tree shares are up 10.83% from the beginning of the year, still down 12.92% from its 52 week high of $119.71 set on October 22, 2019. They are under-performing the which is up 37.09% from the start of the year.
Dollar Tree shares lost 4.07% in pre-market trade following the report.
Dollar Tree follows other major Services sector earnings this month
Dollar Tree’s report follows an earnings beat by Amazon.com on July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.
Alibaba ADR had beat expectations on August 20 with first quarter EPS of $14.82 on revenue of $153.75B, compared to forecast for EPS of $13.82 on revenue of $148B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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