Dollar Tree Provides Post-Tornado Update on Distribution Center in Marietta, Oklahoma
Confirms no associates were injured at the facility and the Company is providing recovery support
Taking immediate actions to limit disruption to business operations and customer experience
The Company can confirm that none of the 456 associates who are employed at the
“We are deeply grateful that no one at our facility was injured during the storm, and our thoughts are with the entire community at this time. Our people are our highest priority, and we are reaching out to every one of our local associates to check in on their well-being and ensure they are aware of the support in-place for them and the surrounding community as part of our recovery efforts,” said
Currently, there are no reports of damage to any
The Company’s distribution center insurance policies include significant property and inventory coverage. At this time, the Company is assessing the value of all potential claims and anticipates the majority of Company damages and recovery costs to be covered under its current policies.
About
A WARNING ABOUT FORWARD-LOOKING STATEMENTS: This press release contains "forward-looking statements" as that term is used in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they address future events, developments or results and do not relate strictly to historical facts. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements include, without limitation, statements preceded by, followed by or including words such as: “believe”, “anticipate”, “expect”, “intend”, “plan”, “view”, “target” or “estimate”, “may”, “will”, “should”, “predict”, “possible”, “potential”, “continue”, “strategy”, and similar expressions. For example, our forward-looking statements include statements relating to our expectations regarding the impact of severe weather on our stores, distribution network and business and our expectations concerning insurance coverage. These statements are subject to risks and uncertainties. For a discussion of the risks, uncertainties and assumptions that could affect our future events, developments or results, you should carefully review the “Risk Factors,” “Business” and “Management's Discussion and Analysis of Financial Condition and Results of Operations” sections in our Annual Report on Form 10-K filed
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