10 Stocks To Trade Without Tariffs And Interest Rate Fears

5. Dollar Tree, Inc. (NASDAQ:DLTR)

Dollar Tree, Inc. is a retail discount store that operates through Family Dollar and Dollar Tree segments. The company offers a variety of merchandise, consumable merchandise, and seasonal goods.

The company’s business is improving as shown by its Q3 earnings. It reported a 3.5% rise in net sales with store traffic improving by 1.6%. Average ticket, the average amount spent by the customer per transaction, went up by 0.2% as compared to the previous year. Though the improvements are not huge, they still boosted the gross profit of the company by 7.6%. This is just a small step towards the eventual turnaround of the company.

DLTR is considering shifting its focus to meaningful actions to improve business performance with things like multi-price offerings. Previously, the company sold everything for a dollar in its shop. More recently, this was bumped up to $1.25 but the multi-price offerings are where the growth lies. This will enable the company to be more flexible in terms of pricing. From the start of this project, the company has successfully tested its multi-price offering in 2300 stores and found favorable results. On average, the stores have shown a 3.3% growth in QoQ sales.