June 28, 2012
Changes in spending patterns, especially among low-end consumers, necessitated by a weak economy, has led to Dollar Tree's induction into Standard & Poor's S&P 500 Index. The discount retailer's inclusion came after Dollar Tree added equity of more than 48 percent over a 52-week period. More signifcantly Dollar Tree reported same-store sales growth of 7.1 percent, 4.7 percent, and 4.8 percent during the first three quarters of 2011, respectively. The last quarter increase of 4.8 percent was aided by a 1.4 percent higher ticket price and a 3.4 percent increase in customers.
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