Dollar Tree gains on earnings beat and CFO departure

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Dollar Tree (DLTR) stock is in focus after the company's quarterly results beat Wall Street's expectations, and the retailer announced the departure of its CFO. R5 Capital founder and CEO Scott Mushkin joins Seana Smith and Brad Smith on Morning Brief to discuss the print and what's next for the discount retailer.

"The good news coming out of today, and we actually thought the call was was quite constructive, is they seem to be getting their arms around some of their personal problems or their internal problems," Mushkin says. He explains that while consumer weakness does explain some of Dollar Tree's recent challenges, the retailer also "struggled in-store execution" and faced issues with "their multi-price point strategy."

Mushkin says, "The retail landscape is, is definitely changing quite a bit. Right now, we have a lot of big winners Walmart (WMT), Amazon (AMZN), and other companies that are struggling," adding that "We like where Dollar Tree is positioned. We like what they had to say on the conference call. Its balance sheet is in good shape. And it's relatively cheap compared to where some of the other retailers trade."

Watch the video above for more on the impact of President-elect Donald Trump's proposed tariffs on Dollar Tree, the retailer's multi-price strategy execution, and more.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

This post was written by Naomi Buchanan.