Investing.com - Dollar Tree reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dollar Tree announced earnings per share of $2.37 on revenue of $6.90B. Analysts polled by Investing.com EPS of $2.01 on revenue of $6.77B.
Dollar Tree 's are down 4.93% and is trading at $150.01 , still down 24.61% from its 52 week high of $177.19 set on Thursday, April 21, 2022.
Dollar Tree shares gained 12.29% to trade at $150.01 in pre-market trade the report.
Dollar Tree follows other major Consumer Discretionary sector earnings this month
Dollar Tree's report follows an earnings beat by Panasonic Corp PK on Wednesday, May 11, 2022, who reported EPS of $0.1997 on revenue of $15.34B, EPS of $0.1559 on revenue of $15.34B.
Amazon.com had missed expectations on Thursday, April 28, 2022 with first quarter EPS of $-7.56 on revenue of $116.44B, for EPS of $8.35 on revenue of $116.45B.
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