Dollar Tree Stock Plummets 38% Amid Store Closures and $670M Trading Volume Ranking 115th

On March 28, 2025, Dollar Tree Inc. (DLTR) experienced a significant decline in its stock price, closing at $145.50 with a trading volume of $670 million, marking a 38.03% decrease from the previous day. This placed DLTR at the 115th position in terms of trading volume among all stocks traded that day.

Dollar Tree Inc. has announced that it will be closing 390 stores in the United States and Canada. The company stated that the decision was made to optimize its store portfolio and focus on more profitable locations. The closures are expected to be completed by the end of the fiscal year.

Dollar Tree Inc. has reported a 2.8% increase in same-store sales for the first quarter of 2025. The company attributed this growth to strong customer demand and effective marketing strategies. The increase in same-store sales is a positive indicator of the company's financial health and its ability to attract and retain customers.

Dollar Tree Inc. has announced that it will be investing $1.5 billion in capital expenditures for the fiscal year 2025. The company plans to use the funds to expand its store footprint, improve existing stores, and enhance its e-commerce capabilities. The investment is part of the company's long-term strategy to drive growth and increase market share.