Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Dollar Tree, Inc.    DLTR

Delayed Quote. Delayed  - 04/28 10:14:59 pm
82.77 USD   -0.43%
04/28 DOLLAR TREE : Man briefly escapes from police
04/28 DOLLAR TREE : At least once a year
04/26 DOLLAR TREE : to build distribution facility in Warrensburg
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

DOLLAR TREE INC : Dollar Tree Completes Acquisition of Canadian Dollar Giant Stores

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/17/2010 | 02:15pm CEST

Dollar Tree, Inc. (NASDAQ: DLTR) today announced that it has completed its purchase of the assets of the Dollar Giant Store (B.C.) Ltd. Under the terms of the agreement, Dollar Tree acquired 86 Dollar Giant stores including substantially all assets, inventory, leasehold rights and intellectual property for approximately $52 million (USD) in cash, plus the assumption of certain liabilities. This is Dollar Tree's first expansion of its retail operations outside of the United States.

Based in Vancouver, British Columbia, Dollar Giant stores offer a wide assortment of quality general merchandise, contemporary seasonal goods and everyday consumables, all priced at $1.25 (CAD) or less. The stores average 9,000 gross square feet and operate in British Columbia, Ontario, Alberta and Saskatchewan.

?I am pleased to announce the completion of our acquisition of Dollar Giant,? said Bob Sasser, President and CEO. ?We now have an outstanding platform for significant expansion in Canada, with an experienced team of management and associates. It is an exciting opportunity to offer more value to more customers.?

Dollar Tree has a long record of consistent growth and excellent returns to shareholders. The acquisition of Dollar Giant is part of the Company's strategy to invest for continued profitable growth by expanding its store base, improving store productivity and developing new retail formats.

Dollar Tree, Inc. is the nation's leading operator of discount variety stores selling everything for $1 or less. Dollar Tree, a Fortune 500 Company, operated 4,009 stores in 48 U.S. states as of October 30, 2010.

A WARNING ABOUT FORWARD LOOKING STATEMENTS: This press release contains "forward looking statements" as that term is used in the Private Securities Litigation Reform Act of 1995. Forward looking statements address future events, developments or results and typically use words such as believe, will, anticipate, expect, intend, plan, forecast, outlook, or estimate. For example, our forward looking statements include statements regarding the profitability and future of the combined businesses. For a discussion of the risks, uncertainties and assumptions that could affect our future events, developments or results, you should carefully review the ?Risk Factors,? "Business," and ?Management's Discussion and Analysis of Financial Condition and Results of Operations? sections in our Annual Report on Form 10–K, as amended, filed March 19, 2010 and our Quarterly Reports on Form 10-Q filed May 20, 2010 and August 19, 2010. In light of these risks and uncertainties, the future events, developments or results described by our forward looking statements in this document could turn out to be materially and adversely different from those we discuss or imply. We are not obligated to release publicly any revisions to any forward looking statements contained in this press release to reflect events or circumstances occurring after the date of this report and you should not expect us to do so.

Dollar Tree, Inc., Chesapeake
Timothy J. Reid
757-321-5284
www.DollarTree.com


© Business Wire 2010
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DOLLAR TREE, INC.
04/28 DOLLAR TREE : Man briefly escapes from police
04/28 DOLLAR TREE : At least once a year
04/26 DOLLAR TREE : to build distribution facility in Warrensburg
04/25 INSIDER TRADING ACTIVITY DOLLAR TREE : DLTR) – CEO Sold 3,349 shares of St..
04/24 DOLLAR GENERAL : building new store near Peachtree Mall
04/24 DOLLAR TREE : UCM commits to Dollar Tree
04/21 DOLLAR TREE : Police release surveillance photos of Dollar General armed robbery
04/21 DOLLAR GENERAL : Express closing stores store chain laying off 24 local workers
04/21 DOLLAR TREE : Belleville police investigating Dollar General robbery
04/21 INSIDER TRADING ACTIVITY DOLLAR TREE : DLTR) – CEO Sold 40,029 shares of S..
More news
Sector news : Discount Stores without Groceries
04/30DJTARGET : Comes to the Lower East Side
04/27DJWAL MART DE MEXICO B DE C : Mart de Mexico Posts Moderate Profit Growth
04/24DJBEBE STORES : Today's Top Supply Chain and Logistics News From WSJ
04/21 Visa's profit boosted by Europe unit, big card portfolio wins
04/20DJCOSTCO WHOLESALE : AmEx Feels Loss of Relationship With Costco -- WSJ
More sector news : Discount Stores without Groceries
News from SeekingAlpha
04/21 INSIDERINSIGHTS.COM DAILY ROUND UP 4 : Btu, imh, pacw, opk, dkl
04/04 Dollar Tree shakes off a bear call
03/15 Dollar General Earnings Preview
03/12 PRO WEEKLY DIGEST : Investing With A Margin Of Safety With Brian Langis
03/02 Relief rally for retail stocks
Advertisement
Financials ($)
Sales 2018 22 096 M
EBIT 2018 1 981 M
Net income 2018 1 059 M
Debt 2018 4 539 M
Yield 2018 -
P/E ratio 2018 18,60
P/E ratio 2019 16,28
EV / Sales 2018 1,09x
EV / Sales 2019 1,01x
Capitalization 19 558 M
More Financials
Chart DOLLAR TREE, INC.
Duration : Period :
Dollar Tree, Inc. Technical Analysis Chart | DLTR | US2567461080 | 4-Traders
Full-screen chart
Technical analysis trends DOLLAR TREE, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 89,4 $
Spread / Average Target 8,1%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Robert L. Sasser Chief Executive Officer & Director
Gary M. Philbin President
Macon F. Brock Non-Executive Chairman
Michael A. Witynski Chief Operating Officer
Kevin S. Wampler Chief Financial Officer
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
DOLLAR TREE, INC.7.24%19 558
COSTCO WHOLESALE CORPO..10.87%77 921
TJX COMPANIES INC4.67%50 688
WAL-MART DE MEXICO S A..14.71%39 455
TARGET CORPORATION-22.68%30 867
DOLLAR GENERAL CORP.-1.84%19 987
More Results