Dollar Tree for the fourth quarter
November 4th, 2008
Dollar Tree is one name that will certainly sail smoothly through economic turbulence. Dollar stores are great because their merchandise is cheap and consumers are more likely to shop at $1 stores to save money. Unfortunately to maintain cheap prices many dollar stores import goods from China and other manufacturing centers of the world. The recent dollar exchange rate is far more favorable than the rates just a few months ago with the USD coming off its lows against the Euro and the Chinese economy slowing to the point where the yuan gains have been curbed. Read more…
