Discount treasure-hunt retailer Dollar Tree (NASDAQ:DLTR) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, but sales fell by 39.2% year on year to $4.64 billion. The company expects next quarter’s revenue to be around $7.67 billion, coming in 74.6% above analysts’ estimates. Its non-GAAP profit of $1.26 per share was 4.5% above analysts’ consensus estimates.
Among the key catalysts for the day is ADP’s private payrolls report for May, which is expected to show job gains of 110,000 compared to 62,000 in April.
Before the opening bell on Tuesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
Although Dollar General and Dollar Tree stock are still well off their 52-week highs, both have started to make a sharp rebound this year thanks to turnaround strategies that are aimed at improving operating efficiency.
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner.
Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
Retailers are overhauling their operations as technology redefines the shopping experience. Still, demand can be volatile as the industry is exposed to the ups and downs of consumer spending.
This has stirred some uncertainty lately as retail stocks have tumbled by 9.1% over the past six months. This drop was worse than the S&P 500’s 2.1% fall.
