The retailer reported third-quarter adjusted earnings of $1.12 a share on sales of $7.56 billion, beating analysts' expectations.

Dollar Tree (DLTR) stock is in focus after the company's quarterly results beat Wall Street's expectations, and the retailer announced the departure of its CFO. R5 Capital founder and CEO Scott Mushkin joins Seana Smith and Brad Smith on Morning Brief to discuss the print and what's next for the discount retailer.

Key Takeaways Dollar Tree shares rose Wednesday morning after the company's third-quarter results beat estimates.The discount retailer is progressing in its strategic review of options for the Family Dollar brand.

Retailer opens 249 new stores, books a 1.5% increase in traffic and says its Family Dollar review is on track.

US discount retailer Dollar Tree has reported that its gross profit for the third quarter (Q3) of the fiscal year 2024 (FY24) increased by 7.6% to $2.34bn, up from $2.17bn in the same quarter of the previous fiscal year.

Dollar Tree's third-quarter profit and sales beat market expectations on Wednesday, as more customers shopped at its discount stores for non-expensive essentials including groceries, sending its shares up about 10% in premarket trading.

Dollar Tree (NASDAQ:DLTR) on Wednesday beat top and bottom-line estimates for the third quarter, updated its forecast, and announced that finance chief Jeff Davis will depart the dollar store chain. Shares of the company rose nearly 7% before retreating to 4% levels ahead of the market opening bell.

While financial performance improved during Q3, the retailer now faces the additional challenge of searching for a new CEO and CFO.

(Reuters) - Dollar Tree beat third-quarter sales estimates on Wednesday, as more customers shopped at its discount stores for non-expensive essentials including groceries. The company posted net sales of $7.56 billion, compared with analysts' average estimate of $7.44 billion, according to data compiled by the LSEG.

Dollar Tree's third-quarter profit and sales beat market expectations on Wednesday as more customers shopped at its discount stores for products including apparel and electronics. Shares of the company,

Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter results.