Dollar Tree Beat Its Q2 Revenue Estimates
Dollar Tree Inc (NASDAQ:DLTR) beat its Q2 revenue, earnings and same store sales estimates. Traffic was up at both Dollar Tree and its Family Dollar brand during the quarter.
Stay updated with breaking news from Tree Inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Dollar Tree Inc (NASDAQ:DLTR) beat its Q2 revenue, earnings and same store sales estimates. Traffic was up at both Dollar Tree and its Family Dollar brand during the quarter.
U.S. regulators announced a settlement with the company that runs Dollar Tree and Family Dollar aimed at improving worker safety at thousands of the bargain stores across the country.
The agreement with federal regulators come after hundreds of OSHA violations since 2017, resulting in more than $13 million in fines.
Labor Department officials cited hazards at the stores including blocked exits, unsafe storage of materials, and improper access to fire extinguishers and electrical panels.
Dollar Tree and Family Dollar reached a settlement with U.S. regulators after facing allegations of safety violations at multiple stores.