Dollar Tree beats quarterly sales estimates By Reuters
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© Reuters. FILE PHOTO: A person enters a Dollar Tree store in Washington, U.S., June 1, 2021. REUTERS/Erin Scott/File Photo
(Reuters) – Dollar Tree Inc (NASDAQ:) beat quarterly sales estimates on Tuesday, as returning consumer appetite for discretionary items helped counter a tapering in pandemic-driven surge in grocery shopping.
Net sales rose 3.9% to $6.42 billion in the third quarter, beating the average analyst estimate of $6.41 billion, according to Refinitiv IBES data.
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