Dollar Tree stock and Dollar General stock are down 57% and 67% from their respective all-time highs. But Dollar Tree presently has a trailing-12-month net loss, and Dollar General's EPS are down more than 40%. With profits down, a drop in stock price was the probable outcome.

This was the stock's second consecutive day of losses.

Discount retailers like Dollar Tree (DLTR) and Dollar General (DG) are some of the worst performers in the S&P 500 index this year. DLTR has slumped by 50% in 2024, bringing its market cap to $15.8 billion while DG has slumped by over 36%.