Dollar Tree stock plunges as it warns tariffs will squeeze margins despite demand for its cheap goods
1. Dollar Tree shares fell 7.8% due to tariff impact on margins. 2. Projected current-quarter profit missed expectations at 57 cents. 3. Strong demand persists, with a sales jump of 12% to $4.57 billion. 4. Dollar Tree anticipates annual net sales between $19.3 billion to $19.5 billion. 5. Transition year ongoing after selling Family Dollar for approximately $1 billion.