NEW YORK (TheStreet) -- Dollar Tree (DLTR) - Get Dollar Tree, Inc. Report shares closed trading down by 0.08% to $76.73 on Friday, ahead of the release of the company's second quarter earnings results next week.
The company is expected to report earnings of 62 cents per share on revenue of $3.04 billion.
On Thursday, rival Dollar General (DG) - Get Dollar General Corporation Report reported mixed financial results, earning 95 cents per share, a 14% increase over the previous year, on revenue that rose 8% to $5.1 billion.
Analysts were expecting the company to report earnings of 94 cents per share on revenue of $5.14 billion.
Jim Cramer, portfolio manager of the Action Alerts PLUS charitable trust, recently spoke about Dollar Tree's prospects, saying, "I think that Dollar Tree is a better option than Dollar General, and I think that the merger is brilliant. If Monday turns out to be a negative session, maybe put some on Dollar Tree because I think they're going to do better than Dollar General."
Separately, TheStreet Ratings team rates DOLLAR TREE INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate DOLLAR TREE INC (DLTR) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had sub par growth in net income."
Highlights from the analysis by TheStreet Ratings Team goes as follows: