Combination Store Format Introduced For Small Towns News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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~ Same-Store Sales: Enterprise +4.9%; Family Dollar +8.1%; Dollar Tree +2.4% ~
~ Introduces Combination Store Concept, Comprised of Both Brands, to Serve Small Towns ~
~ Board of Directors Increases Share Repurchase Authorization by $2.0 Billion ~
Dollar Tree, Inc. (NASDAQ: DLTR) today reported financial results for its fourth quarter and fiscal year ended January 30, 2021. Also, on March 2, 2021, Dollar Tree’s Board of Directors increased the Company’s share repurchase authorization by $2.0 billion. Under the authorization, purchases may be made in the open market or through privately negotiated transactions subject to market and other conditions. The authorization has no expiration date.
“I am very pleased with the team’s operating performance for the fourth quarter, highlighted by a solid same-store sales increase, improved gross margin and expense leverage,” stated Michael Witynski, President and Chief Executive Officer. “Furthermore, Dollar T ....

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