Dollar Tree's Q2 Struggles: Analysts Question Pricing, Shrinkage, And Transformation Amid Macro Challenges
Dollar Tree's Q2 Struggles: Analysts Question Pricing, Shrinkage, And Transformation Amid Macro Challenges
Dollar Tree, Inc. (NASDAQ:DLTR) shares are trading lower after the company reported worse-than-expected second-quarter financial results and cut the outlook.
美元樹公司（納斯達克：DLTR）的股價下跌，原因是該公司報告的第二季度財務結果不如預期，並且削減了展望。
The discount variety stores chain reported an adjusted EPS of $0.67, missing the consensus of $1.04, and down 26.4% year over year.
這家折扣多元化商店連鎖店報告了每股調整後的收益爲0.67美元，低於預期的1.04美元，同比下降了26.4%。
Goldman Sachs analyst Kate McShane reiterated the Buy rating on the stock, with a price forecast of $145.
高盛分析師Kate McShane重申了該股票的買入評級，並給出了145美元的價格預測。
Following the results, the analyst has expressed doubts regarding several aspects: the comparative performance at Family Dollar, the details behind the decline in ticket size during the quarter, and current trends for the quarter-to-date.
在公佈財務結果後，該分析師對以下幾個方面表示了懷疑：在Family Dollar的比較表現，季度內票額下降背後的細節，以及季度至今的市場趨勢。
In the quarter under review, the adjusted gross margin increase of 88 bps was driven by lower freight costs, partially offset by an unfavorable sales mix and higher occupancy costs.
在審查期內，調整後毛利率增長了88個點子，這主要是由於運費成本減少，部分抵消了不利的銷售結構和更高的佔用成本。
The adjusted EBIT margin of 3.0% fell short of the GS/consensus estimates of 4.5%/4.4%.
3.0%的調整後息稅前利潤率低於高盛/共識預估的4.5%/4.4%。
McShane is also inquisitive about the firm's performance across various categories, market share details, inflation and pricing dynamics, and the impact of promotional activities and competitive pressures.
McShane還對公司在各個類別中的表現，市場份額細節，通脹和定價動態，以及促銷活動和競爭壓力的影響表示好奇。
Additionally, there's uncertainty about the effects of shrinkage and product mix, as well as the outlook for freight costs.
此外，關於收縮和產品組合的影響以及貨運成本的前景存在不確定性。
Telsey Advisory Group analyst Joseph Feldman reiterated the Outperform rating on Dollar Tree with a price forecast of $120.
Telsey Advisory Group分析師Joseph Feldman重申了對Dollar Tree的Outperform評級，並對其股價進行了預測，預計爲120美元。
The analyst expressed disappointment with the weak second-quarter results and the substantial reduction in 2024 guidance.
該分析師對第二季度業績疲軟和2024年指引大幅下調錶示失望。
Similar to Dollar General Corporation (NYSE:DG), the company pointed out macroeconomic difficulties, particularly affecting middle and upper-income consumers.
與美國達樂公司（紐交所:DG）類似，該公司指出宏觀經濟困難，尤其影響中高收入消費者。
These challenges, coupled with issues related to its transformation efforts, have put pressure on its performance, Feldman writes.
Feldman寫道，這些挑戰以及與公司轉型努力相關的問題給其業績帶來了壓力。
The macroeconomic commentary mirrors that of Dollar General, and Dollar Tree is contending with an ongoing long-term business transformation, the analyst writes.
這位分析師寫道，Dollar Tree面臨着與美國達樂相似的宏觀經濟評論，並在進行着持續的長期業務轉型。
Price Action: DLTR shares are trading lower by 24.5% to $61.64 at last check Wednesday.
股價走勢：截至上週三最後一次查看，DLTR股票下跌了24.5%，至61.64美元。