![]() Rising freight costs from global supply chain disruptions have dented profits for most of Corporate America, further pressuring many retailers already grappling with higher labor and raw material costs.ĭollar Tree said that freight costs were significantly higher than anticipated in the third quarter and expects this to continue in the near term. ![]() The price increase is a good thing, as the 3Q results, and our first-quarter outlook indicate freight headwinds are worse than anticipated, Evercore analyst Michael Montani said. ![]() ![]() Dollar Tree, known for selling everything from make-up to homeware at the $1 price-point, in September said it planned on adding new price points above $1 across some of its stores.
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