Dollar Tree forecasts weak second-quarter profit on tariff uncertainty

Shares of the company were down about 3% in premarket trading. Dollar Tree said on Wednesday that its second-quarter profit from continuing operations, which exclude its Family Dollar business, could be down as much as 45% to 50% year-over-year before re-accelerating in the second half of the year. In March, the company said it would sell its less-profitable Family Dollar banner for $1 billion to a group of private equity investors.