Transaction log
Jun 1, 2021 - Bought 20 @ $98.21 (1.27% wtg, coffee can)
Sep 28, 2021 - Bought 10 @ $86.28 (30 shares, 1.95% wtg)
Jul 18, 2023 - Sold 15 @ $149.85 (15 shares, 1.43% wtg)
Mar 26, 2025 - Bought 15 @ $67.65 (30 shares, 1.00% wtg)
Location: Chesapeake, Virginia
Profile
Industry: Discount stores
Sector: Consumer defensive
Theme: Middle class squeezed
5-Year shareholder growth: +0.1%/year
Estimated fair value: $117
Assumption: 6.5% MFCF yield
The 2014 acquisition of Family Dollar has been an albatross for Dollar Tree. With the sale announced this morning, that chapter comes to a close. [trade]
A review of my 17 favorite picks from the 2025 Barron’s Roundtable…
Don’t let the headlines scare you. Dollar Tree had a respectable quarter.
In July 2021, Dollar General was the darling of the dollar store space while Dollar Tree was the dog. Today, fortunes have reversed. Time to rebalance? [trades]
Margin debt figures are getting scary. Time to trim some economically-sensitive names and add to a consumer defensive stock. [trades]
Right now a lot of attention is on reopening plays while more defensive plays, e.g. grocery stores and discount retailers, are being neglected. Nice to have the company of noted value investor Charles Akre. [trades]
