Dollar Tree 2Q profit falls 2 percent

Published August 21, 2014 1:47pm ET



RICHMOND, Va. (AP) — Dollar Tree Inc. said Thursday its second-quarter profit fell more than 2 percent on costs related to its planned acquisition of rival discounter Family Dollar even though shoppers spent more at its discount stores.

Dollar Tree reported earnings of $121.5 million, or 59 cents per share for the period ended Aug. 2, compared with $124.7 million, or 56 cents per share, in the year-ago quarter.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.