Investing.com - Dollar Tree reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Dollar Tree announced earnings per share of $1.6 on revenue of $6.76B. Analysts polled by Investing.com EPS of $1.59 on revenue of $6.8B.
Dollar Tree 's are up 18.12% and is trading at $153.00 , still down 6.33% from its 52 week high of $177.19 set on Thursday, April 21, 2022.
Dollar Tree shares lost 7.82% to trade at $153.00 in pre-market trade the report.
Dollar Tree follows other major Consumer Discretionary sector earnings this month
Dollar Tree's report follows an earnings missed by Amazon.com on Thursday, July 28, 2022, who reported EPS of $-0.2 on revenue of $121.23B, EPS of $0.1199 on revenue of $119B.
Home Depot had beat expectations on Tuesday, August 16, 2022 with second quarter EPS of $5.05 on revenue of $43.79B, for EPS of $4.95 on revenue of $43.36B.
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