Dollar Tree's third-quarter profit and sales beat market expectations on Wednesday, as more customers shopped at its discount stores for non-expensive essentials including groceries, sending its shares up about 10% in premarket trading.

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.

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

Dollar Tree (NASDAQ:DLTR) on Wednesday beat top and bottom-line estimates for the third quarter, updated its forecast, and announced that finance chief Jeff Davis will depart the dollar store chain. Shares of the company rose nearly 7% before retreating to 4% levels ahead of the market opening bell.

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.

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

Discount treasure-hunt retailer Dollar Tree (NASDAQ:DLTR) will be reporting results tomorrow before market hours. Here’s what to expect.