Chuck Akre Comments on Dollar Tree

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Jul 17, 2018

Dollar Tree (NASDAQ:DLTR)’s share price took its second consecutive hit on a quarterly earnings release, primarily due to disappointment over Family Dollar’s sales performance. We remain confident in Dollar Tree to continue its improvement in Family Dollar and note that this is the largest integration in retail history based on the number of stores. Improvement at Family Dollar will not be linear.

From Chuck Akre (Trades, Portfolio)'s second quarter 2018 Akre Focus Fund shareholder letter.

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