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DLTR Aug 2024 115.000 put
- Associated Press Finance
Dollar Tree left lead-tainted applesauce pouches on store shelves for weeks after recall, FDA says
Dollar Tree failed to effectively recall lead-tainted applesauce pouches linked to reports of illness in more than 500 children, leaving the products on some stores shelves for two months, the Food and Drug Administration said Tuesday. The FDA sent a warning letter to Dollar Tree this month and placed Negasmart, the Ecuadorian distributor of WanaBana apple cinnamon pouches, under import alerts following the October 2023 recall of the products found to be contaminated with “extremely high” levels of lead and chromium. Children in 44 states had probable or confirmed cases of elevated blood lead levels after eating the applesauce pouches marketed for toddlers, according to the U.S. Centers for Disease Control and Prevention.
- WSJ
Why Dollar Tree Is Looking to Cut Its Losses With Family Dollar
Dollar Tree announced in June that it’s looking to sell or spin off Family Dollar, a brand it acquired in 2015 for roughly $9 billion. We break down why Family Dollar has struggled to increase sales for years. Photo: Associated Press
- Zacks
Should You Invest in Dollar Tree (DLTR) Based on Bullish Wall Street Views?
According to the average brokerage recommendation (ABR), one should invest in Dollar Tree (DLTR). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
