Dollar Tree Warns of Looming Profit Hit From Trump Tariffs (4)

Dollar Tree Inc. warned investors that its second-quarter profit could be down as much as 50% from a year ago as it deals with tariff-related costs.

The retailer said the timing of expenses will weigh on adjusted earnings per share, including paying 145% levies on some products from China. The chain then expects profit to “re-accelerate” in the remainder of the year.

Shares of Dollar Tree declined 7.6% at 9:48 a.m. in Wednesday trading in New York. The stock had gained 29% this year through Tuesday’s close.

The outlook pales in comparison to rival Dollar General Corp. On Tuesday, its ...