Deep Dive: Dollar Tree (DLTR) - Part 2

Oct 25, 2023

∙ Paid

Welcome back!

In this second part of our deep dive on Dollar Tree (see Part 1), we cover:

The turnaround at Family Dollar
In-depth examination of CEO Rick Dreiling’s track record and why he’s the ideal catalyst for turnaround
Valuation - assumptions, forecast, and return profile
Discussion of risks including understanding the impact of Temu
Comparison with Dollar General: why we see DLTR - not DG - as the more compelling investment opportunity today.
Tactical considerations
And more

Detailed models are included in the appendices and are available for download at the end of the report.

Family Dollar: Executing on Retail Fundamentals to Narrow the DG Margin Gap

Value Punks