Content about Bob Sasser

July 28, 2014

Dollar Tree said it would acquire Family Dollar in a transformational cash and stock deal valued at $8.5 billion to create a company with more than 13,000 stores and annual sales of $18 billion.

Dollar Tree said it would acquire Family Dollar in a transformational cash and stock deal valued at $8.5 billion to create a company with more than 13,000 stores and annual sales of $18 billion.

The deal was unanimously approved by the boards of both companies and involves Dollar Tree paying Family Dollar shareholders $59.60 in cash and $14.90 in equivalent Dollar Tree shares.

June 10, 2013

Dollar Tree has promoted Gary Philbin to president and COO. He has served as COO since 2007. Bob Sasser continues to lead the company as its CEO.

CHESAPEAKE, Va. — Dollar Tree has promoted Gary Philbin to president and COO. He has served as COO since 2007. Bob Sasser continues to lead the company as its CEO.

August 16, 2012

Profits surged, sales momentum slowed

Sales for the second quarter ended July 28 increased 10.5% to $1.7 billion thanks to a 4.5% increases in same store sales and the addition of 77 new Dollar Tree stores, the company announced Thursday. Net income increased 25.6% to $119.2 million and earnings per share increased 30.8% to 51 cents. The profit performance met analysts’ estimates, but guidance for the third quarter in the range of 47 cents to 51 cents was a penny less than the 52 cents Wall Street expected and shares of the company sold off sharply after the earnings report.

November 17, 2010

Dollar Tree reported that total net sales for the third quarter were $1.43 billion, a...

August 18, 2010

Dollar Tree reported that consolidated net sales for the second quarter were $1.38 billion, a...

June 21, 2010

Dollar Tree announce that its shareholders have elected Conrad Hall, who had been previously appointed...