Oct. 16 at 1:04 PM
$DLTR 's major turnaround plan is in full swing after the Family Dollar sale!
🚀 At the Investor Day session, management outlined the core drivers for their refreshed strategy:
1️⃣ Multi-Price is the New Core: Moving beyond
$1.25 is attracting higher-income shoppers and driving margins. 15% of sales are now
$2.X+, with huge growth runway.
2️⃣ "Race to G.O.L.D." for Stores: A massive push to improve inconsistent store conditions, translating "good" to "great" to boost financial results and comp sales.
3️⃣ Aggressive Cost Discipline: Targeting corporate cost reduction from 3% to 2% of sales by 2028, leveraging multi-price to ease labor pressure.
4️⃣ Supply Chain Overhaul: Transforming the supply chain with new tech and DCs (Phoenix/Marietta) to support multi-price complexity and increase throughput by 20%.
3-Year Target:
$5-7% annual sales growth &
$12-15% EPS CAGR.
