Retail News
Dollar Tree cuts profit forecast on lower-margin sales and shrink
Reuters/U.S. News & World Report 05/26/2023Dollar Tree reduced its full-year forecast as the retailer sees its customers eschewing discretionary purchases for low-margin consumables and other everyday staples. The company also said that shrink, products lost to damage, theft and other factors) continues to weigh on its profitability.
Source: Reuters/U.S. News & World Report
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