Dollar Tree (DLTR) shares are inching up this morning after the discount retailer recorded its 20th consecutive year of positive comparable store sales with a 5% increase driven by strong pricing power and margin expansion. In Q4, the Nasdaq-listed firm topped earnings estimates, reinforcing that its multi-price strategy is proving successful, now representing about 16% of total sales across 5,300 converted stores.
Despite post-earnings gains, Dollar Tree stock remains down roughly 18% versus its year-to-date high.
