Dollar Tree Guides Q2 Earnings Low After Q1 Misses

May 21, 2015 12:17 PM

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Dollar Tree Guides Q2 Earnings Low After Q1 Misses

Dollar Tree (NASDAQ:DLTR) gave weak second-quarter earnings guidance after its Q1 earnings missed Wall Street estimates.

The deep discount retailer's Q1 earnings rose 6% to 71 cents per share, but fell short of the 75 cents that analysts polled by Thomson Reuters were expecting. Sales climbed 8.8% to $2.18 billion, under views for $2.2 billion.

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