Dollar Tree raises annual profit forecast on steady demand, shares jump - BNN Bloomberg

Dollar Tree DLTR.O raised its annual profit forecast on Thursday, buoyed by resilient demand for affordable essentials from budget‑conscious consumers and efforts to offset higher costs, sending its shares up about 12 per cent in early trading. The company has been improving its product selection to attract value-focused shoppers already grappling with higher living costs. Dollar Tree has also moved away from its historic $1 model to a “multi‑price” strategy, with items priced at $1.25, $3, $5 and higher. This, along with easing freight expenses, has helped it counter higher tariffs and supp…