Dollar Tree (DLTR) shares have dove by nearly 25% in Wednesday's session after the discount retailer cut its full-year 2024 guidance and missed its second quarter earnings estimates. Dollar Tree reported $7.37 billion in revenue (expected $7.49 billion) and adjusted earnings of $0.67 per share (expected $1.05 per share).

Market Domination's Julie Hyman and Josh Lipton examine Dollar Tree's falling stock price in a tightening consumer environment, which is enabling big box retailers to muscle in on the market share of lower-end discount chains.

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This post was written by Luke Carberry Mogan.