The retailer reported third-quarter adjusted earnings of $1.12 a share on sales of $7.56 billion, beating analysts' expectations.

Retailer opens 249 new stores, books a 1.5% increase in traffic and says its Family Dollar review is on track.

Dollar Tree (DLTR) stock is in focus after the company's quarterly results beat Wall Street's expectations, and the retailer announced the departure of its CFO. R5 Capital founder and CEO Scott Mushkin joins Seana Smith and Brad Smith on Morning Brief to discuss the print and what's next for the discount retailer.

(Reuters) - Dollar Tree beat third-quarter sales estimates on Wednesday, as more customers shopped at its discount stores for non-expensive essentials including groceries. The company posted net sales of $7.56 billion, compared with analysts' average estimate of $7.44 billion, according to data compiled by the LSEG.

Dollar Tree exceeded analyst expectations in Q3, showing resilience that was aided by strategic transformations.

Key Takeaways Dollar Tree shares rose Wednesday morning after the company's third-quarter results beat estimates.The discount retailer is progressing in its strategic review of options for the Family Dollar brand.

Shares of discount retailer Dollar Tree ($DLTR) were up 1.51% on Wednesday after the company posted better-than-expected third-quarter earnings, beating Wall Street expectations and lifting retail sentiment.

Dollar Tree, Inc. shares jumped 5.7% Wednesday after the discount retailer reported third-quarter earnings and revenue that exceeded analyst expectations, driven by strong same-store sales growth across both its Dollar