Finance & Capital Management

Dollar Tree's net sales for the quarter increased .7% to $5 billion, while same-store net sales increased 2%, driven by a .7% increase in traffic and a 1.3% increase in average ticket.

The purchase price for Family Dollar is just over $1 billion.

Kroger has filed its answer and counterclaims to the complaint brought by Albertsons in the Delaware Court of Chancery, in connection with the previous merger agreement between the two companies, which was terminated in December 2024.

Pfizer reportedly offered about 618 million shares through a placement with investors, according to a Wednesday statement.

In the lawsuit, C&S claims Kroger didn't pay the $125 million termination fee in the event the merger deal with Albertsons was cancelled, per a WSJ report.

The company has entered into a definitive agreement to acquire poppi, a prebiotic soda brand, for approximately $1.95 billion.

Mallinckrodt and Endo plan to combine their generic pharmaceuticals businesses and Endo's sterile injectables business after the transaction.

In the first quarter of this fiscal year, the company is closing 46 stores and 45 pOpshelf stores and converting an additional six pOpshelf stores to Dollar General stores.