Moody's changes Dollar Tree outlook to positive
Rating Action: Moody's changes Dollar Tree outlook to positive. Global Credit Research- 23 Sep 2019. New York, September 23, 2019-- Moody's Investors Service today changed Dollar Tree, Inc.' s outlook to positive from stable and affirmed its Baa3 senior unsecured rating.Dollar Tree is an operator of discount variety stores. The company's stores operate under the names of Dollar Tree, Family Dollar and Dollar Tree Canada. The company's segments are: Dollar Tree, which is the operator of discount variety stores providing merchandise at the fixed price point of $1.00; and Family Dollar, which operates general merchandise discount retail stores. The merchandise mix in the company's Dollar Tree stores consists of consumable merchandise, variety merchandise, and seasonal goods. The merchandise mix in the company's Family Dollar stores consists of consumable merchandise, home products, apparel and accessories merchandise, and seasonal and electronics merchandise.
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