Investing.com - Dollar Tree (NASDAQ:DLTR) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Dollar Tree announced earnings per share of $1.23 on revenue of $6.34B. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $6.44B.
Dollar Tree shares are down 1.59% from the beginning of the year and are trading at $101.99 , down-from-52-week-high.They are under-performing the S&P 500 which is up 19.7% from the start of the year.
Dollar Tree shares lost 4.07% in pre-market trade the report.
Dollar Tree follows other major Services sector earnings this month
Dollar Tree's report follows an earnings beat by Amazon.com on July 29, who reported EPS of $15.12 on revenue of $113.08B, compared to forecasts EPS of $12.23 on revenue of $115.42B.
Alibaba ADR had beat expectations on August 3 with first quarter EPS of $16.6 on revenue of $205.74B, compared to forecast for EPS of $14.32 on revenue of $209.11B.
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