secwatch.observer — SEC 8-K summary
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Issuer:     DOLLAR TREE, INC. (DLTR)
CIK:        0000935703
Form:       8-K
Filed at:   2023-05-25T23:59:59+00:00
Accession:  0000935703-23-000030
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dollar Tree Q1 EPS $1.35 ($1.47 adj.); lowers FY2023 EPS guidance due to shrink and mix shift
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- Net sales $7.32B (+6.1% YoY); enterprise same-store sales +4.8% (Dollar Tree +3.4%, Family Dollar +6.6%).
- GAAP diluted EPS $1.35, down 43% YoY; adjusted EPS $1.47, down 38% YoY, excluding $30M legal reserve.
- Operating income $419.7M (-42.6%); adjusted operating income $449.7M (-38.5%).
- Fiscal 2023 sales outlook tightened to $30.0B-$30.5B; EPS outlook revised to $5.73-$6.13 (from prior $5.70-$6.10?) reflecting elevated shrink and consumables mix shift.
- Free cash flow $402M (+41% YoY); opened 107 new stores, expanded Plus offering to 408 Dollar Tree stores.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935703/000093570323000030/0000935703-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935703/000093570323000030/dltr-20230525.htm
  HTML page:      https://secwatch.observer/filing/0000935703-23-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer