Construction nears completion, but no opening date or timeline has been announced

Dollar Tree/Family Dollar looks set to open another location near Cookeville High School on Cavalier Lane as construction and preparations for opening day near completion. No opening date or timeline has been announced.

The new location in Cookeville adds to the 116 Dollar Tree and 41 Family Dollars new builds recently constructed by the company. Those builds brought in $699 million of net cash for the retailer.

Dollar Tree/Family Dollar company (a recent merger) recently released its first quarter fiscal 2024 earnings report, which showed same-store net sales up for both brands and Diluted earnings sitting at $1.38 per share.

The company also expects net sales of $31 Billion to $32 billion in the coming year.

“At Dollar Tree, we remain focused on rapidly rolling out our next generation of multi-price stores, and at Family Dollar, we are taking the steps necessary to position the business for long-term success,” said Rick Dreiling, Chairman and CEO, in a release.

Check back for updates.

UCBJ photo.

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