"One Buck At A Time"

A deep dive on Dollar Tree

Who knew selling stuff for $1 could be such a good business?

Dollar Tree (DLTR) makes a compelling case. The retailer has reported same store sales growth in 52 of the past 53 quarters (comps declined by 0.9% in Q1 FY20 as the pandemic impacted the Easter seasonal business). In addition, the average Dollar Tree store generates about $200,000 in operating…