Dollar Tree, which sells everything from toys to pet food and cleaning supplies for $1 or less, holds three times as much cash as Family Dollar, is more than twice as profitable as 99 Cents and generates 55 percent more income per dollar of sales than Big Lots, according to data compiled by Bloomberg.
Chief Executive Officer Bob Sasser has rewarded Dollar Tree shareholders with a 225 percent advance in the past three years, more than its biggest competitors, as the worst U.S. recession since the Great Depression drove shoppers to lower-priced goods. While Dollar Tree’s rivals climbed as much as 41 percent this year after being approached by buyout firms, the Chesapeake, Virginia-based company has dropped 4.7 percent, leaving it the cheapest on a free cash flow basis.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
