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Dollar Tree holiday-quarter forecast disappoints as tariffs bite; shares fall

A customer walks out of a Dollar Tree discount store in Austin, Texas
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(Reuters) - Dollar Tree Inc on Tuesday forecast holiday-quarter profit below Wall Street expectations, as the discount store operator expects a hit from U.S. tariffs on Chinese imports, sending its shares down about 8% before the opening bell.The tariffs as part of the prolonged trade war between Washington and Beijing have been a pressure point for retailers, which source a large chunk of their..
Date Published: Nov 26, 2019
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