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    DLTR

DOLLAR TREE (DLTR)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Dollar Tree, Inc. : Announces $300 Million Accelerated Share Repurchase

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/22/2011 | 01:45pm CET

Dollar Tree, Inc. (NASDAQ: DLTR), the nation's leading operator of discount variety stores selling everything for $1 or less, today announced that after market close on November 21, 2011, it entered into an agreement with Wells Fargo Bank, National Association, to repurchase $300 million of its common shares under a variable maturity accelerated share repurchase program. Dollar Tree will acquire these common shares under the $1.5 billion share repurchase program announced on October 7, 2011.

The specific number of shares to be repurchased will generally be based on the volume-weighted average share price of the Company's common shares during the calculation period of the accelerated share repurchase program, subject to collar provisions that establish the minimum and maximum number of shares to be repurchased under the program. All common shares repurchased under the accelerated share repurchase program will be retired.

"Our share repurchase program continues to represent an important part of our capital allocation strategy and an efficient and flexible way of returning value to shareholders," said President and CEO Bob Sasser. "As evidenced by the recently-announced results for the third quarter of 2011, Dollar Tree's sales, operating margin and earnings continue to grow. We are confident in the Company's ability to generate substantial free cash flow for the foreseeable future."

Dollar Tree operated 4,335 stores in 48 states and 5 Canadian Provinces as of October 29, 2011.

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, or estimate. For example, our forward looking statements include statements regarding our intentions to repurchase stock, the method and timing as well as the number of shares repurchased, related expenditures, the benefits of such transactions, and our ability to generate free cash flow. A further list and description of these risks, uncertainties and other matters can be found in the Company's annual report and other reports filed from time to time with the Securities and Exchange Commission. 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 filed March 17, 2011 and our Quarterly Report on Form 10-Q filed November 17, 2011. 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. Dollar Tree cautions that the foregoing list of important factors may not be complete, and 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.
Timothy J. Reid, 757-321-5384
www.DollarTree.com


© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DOLLAR TREE
01/22 DOLLAR TREE : City grocery store to close Feb. 9
01/21 DOLLAR TREE : Super Dollar discount grocery in The Plaza set to close
01/17 DOLLAR TREE : Appoints Stephanie Stahl to Its Board of Directors
01/17 DOLLAR TREE, INC. (NASDAQ : DLTR) Files An 8-K Departure of Directors or Certain..
01/16 DOLLAR TREE INC : Change in Directors or Principal Officers, Regulation FD Discl..
01/16 DOLLAR TREE : Appoints Stephanie Stahl to Its Board of Directors
01/16 DOLLAR TREE : SUV drives over retaining wall above Dollar Tree
01/12 NASDAQ 100 MOVERS : Fb, stx
01/11 DOLLAR TREE : These ice cream bars sold at Bi-Lo, Kroger and Dollar Tree recalle..
01/10 DOLLAR TREE : Multimillion-dollar settlement could signal end of Charlotte's dol..
More news
News from SeekingAlpha
01/17 Oppenheimer sees upside for dollar stores
01/11 Guggenheim positive on Dollar Tree
01/10 Follow Dollar General Into Battle
2017 Stocks to watch next week
2017 STOCKS TO WATCH : Retailers Make Final Holiday Push
Financials ($)
Sales 2018 22 299 M
EBIT 2018 2 040 M
Net income 2018 1 107 M
Debt 2018 4 573 M
Yield 2018 -
P/E ratio 2018 24,47
P/E ratio 2019 21,13
EV / Sales 2018 1,43x
EV / Sales 2019 1,31x
Capitalization 27 271 M
Chart DOLLAR TREE
Duration : Period :
Dollar Tree Technical Analysis Chart | DLTR | US2567461080 | 4-Traders
Technical analysis trends DOLLAR TREE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 114 $
Spread / Average Target -0,98%
EPS Revisions
Managers
NameTitle
Gary M. Philbin President, Chief Executive Officer & Director
Robert L. Sasser Executive Chairman
Michael A. Witynski Chief Operating Officer & Enterprise President
Kevin S. Wampler Chief Financial Officer
Joshua R. Jewett Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
DOLLAR TREE7.18%27 271
COSTCO WHOLESALE CORPORATION3.32%85 369
THE TJX COMPANIES3.18%50 558
WAL-MART DE MEXICO S A B DE C V-0.35%44 865
TARGET CORPORATION19.69%42 714
DOLLAR GENERAL CORPORATION9.64%27 773