The Latest Breaking News from Family Dollar

The FDA reported recalls affecting over 40 health and hygiene products.

Family Dollar says it is not aware of any complaints from customers nor any reports of illnesses related to the recall.

You would think discount stores would flourish in an era of high inflation and recession fears, but Dollar Tree (NASDAQ: DLTR) gapped down hard following its quarterly earnings report. Even so, the stock is outperforming the market, and its industry has been rallying. 

The Nasdaq 100 surged after the Fed announced a 75 basis-point rate hike for the second straight month and hinted at pausing the policy tightening depending on economic data. This, along with better-than-expected corporate earnings, should help the index stay resilient in the near term. Therefore, it could be wise…

Family Dollar had to shut down over 400 stores and a distribution center in Arkansas due to this problem.

An eyewitness says Leonna Hale was pregnant and unarmed when police shot her, but investigators say just the opposite

“Don’t touch me, don’t touch me,” Julie Campus is heard screaming on police body cam video of the incident. “What did I do?”

Dollar Tree Inc (NASDAQ:DLTR) reported first-quarter FY22 sales growth of 6.5% year-on-year to $6.90 billion, beating the consensus of $6.76 billion. Enterprise same-store sales increased 4.4%. Same-store sales for Dollar Tree increased 11.2%. Family Dollar same-store sales decreased 2.8%. Gross profit for the quarter rose 19.2% Y/Y to $2.34 billion, and the gross margin…

Multi-decade-high inflation and aggressive Fed rate increases might push the economy into a recession. So, investors looking to mitigate a market downturn should invest in Dollar Tree (DLTR) and Vertex Pharmaceuticals (VRTX), as they could deliver stable returns because their businesses enjoy a near-inelastic demand.

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector, with the goal of determining which company is the better investment.

Eli Lilly and Albemarle lead five stocks that have shown resilience amid the sell-off and may be poised to lead the way forward.