Jim Cramer Discussed These 8 Stocks Recently

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

Number of Hedge Fund Holders: 64

Cramer commented that companies like Dollar Tree, Inc. (NASDAQ:DLTR) are suffering because of big suppliers.

“Dollar General reports Thursday morning, and this one’s been all over the map lately, near the bottom of it. I think this company and Dollar Tree have become the odd men out as Walmart has hammered prices so low that these guys can’t compete. Dollar stores, they, I don’t know, they seem to be at the mercy of the big suppliers, not Walmart. I am not a buyer of Dollar General or Dollar Tree.”

Dollar Tree (NASDAQ:DLTR) operates discount retail stores offering a broad selection of consumables, household items, seasonal products, apparel, and electronics under its Dollar Tree and Family Dollar brands.

The company projects consolidated net sales for fiscal 2024 to be between $30.7 billion and $30.9 billion, with low-single-digit comparable store sales growth across both Dollar Tree and Family Dollar segments. For the fourth quarter, Dollar Tree (NASDAQ:DLTR) expects net sales to range from $8.1 billion to $8.3 billion, with adjusted diluted EPS for the quarter estimated between $2.10 and $2.30.