Dollar Tree joined Dollar General on Thursday in blaming bad weather for coming up short in its first quarter.
Net income decreased to $160.5 million and earnings per share was $0.67 in the quarter ended, compared to $0.85 in the prior year’s quarter.
Total same-store sales increased 1.4%, missing analysts’ expectations. Same-store sales increased 4.0% at Dollar Tree. Comp sales fell 1.1% at Family Dollar.. . . more