Is Dollar Tree mulling a sale of Family Dollar?

Dollar Tree Is Mulling a Sale of Family Dollar. The Stock Is Down. Dollar Tree Is Mulling a Sale of Family Dollar. The Stock Is Down. S hares of Dollar Tree were trading lower after the discount retailer delivered solid quarterly results and announced a formal review of its Family Dollar segment.

Will Dollar Tree sell Family Dollar?

Dollar Tree announced that it has initiated a formal review of strategic alternatives for the Family Dollar segment, which could include a potential sale or spinoff, among other options. The company also noted that in April, a tornado destroyed its distribution center in Marietta, Oklahoma, incurring losses of $117 million as of May 4.

Could Dollar Tree sell its Family Dollar banner?

June 5 (Reuters) - Dollar Tree DLTR.O said on Wednesday it was exploring options, including a potential sale or spinoff of its Family Dollar banner, as it looks to restructure business amid still-high inflation that continues to strain consumer spending.