Dollar Tree reports Iran war-induced helium shortage cost it $15 million in Q2 sales, warns of higher costs for other industries
Dollar Tree (DLTR) announced on Thursday that an ongoing helium shortage, spurred by the Iran war, impacted its party-supplies business, making it more difficult and expensive to acquire the gas needed for balloons. The company stated the shortage cost it approximately $15 million in sales during the second quarter. Researchers note this situation could foreshadow higher costs for other industries that depend on helium.
Source:MarketWatch · Source Link
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