earnings
confidence high
sentiment neutral
materiality 0.75
Dollar Tree Q3 EPS $1.08; sales up 3.5%; CFO Jeff Davis to step down
DOLLAR TREE, INC.
2024-Q3 EPS reported
$3.08
revenue$22,579,800,000
- Q3 net sales $7.56B (+3.5%); same-store sales: Dollar Tree +1.8%, Family Dollar +1.9%.
- Diluted EPS $1.08, adjusted $1.12; operating income $333.4M (+10.5%).
- Q4 guidance: net sales $8.1B-$8.3B, adjusted EPS $2.10-$2.30; FY2024 net sales $30.7B-$30.9B, adjusted EPS $5.31-$5.51.
- Family Dollar strategic review remains on track; opened 249 new Dollar Tree, 6 Family Dollar stores.
- CFO Jeff Davis stepping down; external search launched; he stays through FY10-K filing; no disagreement cited.