earnings
confidence high
sentiment negative
materiality 0.75
Dollar Tree Q3 net sales $7.31B (+5.4%), EPS $0.97 (-19%); guides FY net sales $30.5-$30.7B
DOLLAR TREE, INC.
2023-Q3 EPS reported
$3.23
revenue$21,963,900,000
- Diluted EPS $0.97 vs $1.20 prior year (-19.2%); includes $0.05 recall costs.
- Enterprise same-store sales +3.9% (Dollar Tree +5.4%, Family Dollar +2.0%).
- Operating income $301.7M, down 20.9% from $381.5M; YTD operating income -37.6%.
- FY2023 diluted EPS outlook $5.81-$6.01 (incl. $0.12 legal reserve); net sales $30.5-$30.7B.
- Opened 197 new stores; expanded multi-price Plus to 870 more Dollar Tree stores.