2 Sizzling Hot Services Stocks: Dollar Tree, Inc. (DLTR), Sysco Corporation (SYY)
Dollar Tree, Inc. (DLTR) ended last trading session with a change of -0.64 percent. It trades at an average volume of 2.84M shares versus 3M shares recorded at the end of last trading session. The share price of $74.58 is at a distance of 2.8 percent from its 52-week low and down -25.37 percent versus its peak. The company has a market cap of $17.72B and currently has 237.55M shares outstanding. The share price is currently -3.94 percent versus its SMA20, -3.47 percent versus its SMA50, and -11.34 percent versus its SMA200. The stock has a weekly performance of -1.78 percent and is -3.37 percent year-to-date as of the recent close.
March 1, 2017 — Dollar Tree, Inc. (DLTR), North America’s leading operator of discount variety stores, reported results for its fourth quarter and fiscal year ended January 28, 2017.
“We are pleased with our overall performance for fiscal 2016,” stated Bob Sasser, Chief Executive Officer. “For the fourth quarter, both the Dollar Tree and Family Dollar banners delivered positive growth in same-store sales. Gross margin and operating margin rates improved and EPS grew 40.2% from the prior year’s quarter, exceeding the upper end of our guidance range. For the year, we opened 584 new stores, exceeded $20 billion in sales, delivered record earnings, and continued to make significant progress on our integration of Family Dollar.”
Sysco Corporation (SYY) recently recorded -0.54 percent change and currently at $51.88 is 17.14 percent away from its 52-week low and down -8.55 percent versus its peak. It has a past 5-day performance of -0.54 percent and trades at an average volume of 3.44M shares. The stock has a 1-month performance of -0.71 percent and is -5.74 percent year-to-date as of the recent close. There were about 542.9M shares outstanding which made its market cap $28.17B. The share price is currently -1.43 percent versus its SMA20, -2.78 percent versus its SMA50, and 1.16 percent versus its SMA200.
On March 02, 2017 Sysco Corporation (SYY) announced that it will webcast its presentation from the 2017 Bank of America Merrill Lynch Consumer & Retail Technology Conference in New York on Wednesday, March 15, at 8:50 a.m. EDT.
The live webcast and the slide presentation for the event can both be accessed at investors.sysco.com. An archived replay of the webcast will be available shortly after the live event is completed.