CHESAPEAKE
Dollar Tree Inc., loaded down with expenses from its recent takeover of Family Dollar Stores, reported Tuesday that it lost $98 million in its second quarter. That compared with a $122 million gain in the second quarter of 2014.
The loss for the Chesapeake-based retailer translated to 46 cents per share, compared with a 59-cent profit in the same period last year.
Dollar Tree Inc., loaded down with expenses from its recent takeover of Family Dollar Stores, reported Tuesday that it lost $98 million in its second quarter. That compared with a $122 million gain in the second quarter of 2014.
The loss for the Chesapeake-based retailer translated to 46 cents per share, compared with a 59-cent profit in the same period last year.
