CHESAPEAKE, Va. - Dollar Tree, Inc. (NASDAQ: DLTR), a Fortune 200 company with a market capitalization of $17.33 billion and annual revenue of $17.58 billion, announced today a change in its executive leadership. Mike Kindy, the current Chief Supply Chain Officer, is set to retire, and Roxanne Weng will take over the role effective immediately. According to InvestingPro analysis, the company appears undervalued at its current trading price of $80.57.
Kindy, who joined Dollar Tree in May 2023, has been credited with significant advancements in the company’s supply chain operations throughout his tenure. With over 35 years of experience in retail supply chain management, Kindy’s efforts have been pivotal in modernizing Dollar Tree’s distribution networks and supply chain strategy.
Roxanne Weng brings over 30 years of retail operational leadership experience to her new position. Her career includes an extensive tenure at Walgreens, where she held various roles, culminating in the position of Chief Supply Chain Officer. During her time at Walgreens, she was responsible for distribution, transportation, inventory management, and master data management. Prior to joining Dollar Tree, Weng was involved in creative operations at Uline, a leader in packaging and shipping supplies.
Weng’s academic credentials include a Bachelor of Science degree in pharmacy from Purdue University and master’s degrees in Business and Supply Chain Management from the University of Phoenix and Loyola University, respectively.
CEO Mike Creedon expressed his enthusiasm for Weng’s appointment, highlighting her alignment with Dollar Tree’s growth trajectory and her proven expertise in supply chain strategy and logistics optimization.
In her statement, Weng conveyed her commitment to maintaining high standards in the company’s supply chain network to ensure consistent and reliable stocking of stores to meet customer expectations.
Dollar Tree operates 16,500 stores across the United States and Canada under the Dollar Tree, Family Dollar, and Dollar Tree Canada brands.
The company’s press release contains forward-looking statements regarding leadership and business plans, which are subject to risks, uncertainties, and assumptions. These statements are not guarantees of future performance and are subject to change.
This news is based on a press release statement from Dollar Tree, Inc.
In other recent news, Dollar Tree has been navigating several significant developments. The company recently entered into a new credit agreement, securing a $1.5 billion revolving credit facility with JPMorgan Chase Bank, N.A., effective March 21, 2025, and maturing in 2030. Additionally, Dollar Tree has a separate 364-day revolving credit facility worth $1 billion, further strengthening its financial position. On the earnings front, BofA Securities lowered Dollar Tree’s stock target to $70 due to concerns over increased tariff expenses impacting the company’s financial outlook. The analyst cited the reduced forecast for fiscal year 2026 earnings per share to $5.00, reflecting the burden of tariffs on Chinese imports. Meanwhile, Citi upgraded Dollar Tree’s stock rating from Neutral to Buy, increasing the price target to $103, citing the company’s ability to adapt to the high-tariff environment by potentially raising price points. BMO Capital Markets maintained a Market Perform rating with a $70 target, expressing concerns about the company’s pricing strategies and digital presence in the face of an unpredictable tariff landscape. These developments underscore the various challenges and opportunities Dollar Tree faces as it adapts to changing market conditions.
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