Dollar Tree, Inc. (NASDAQ:DLTR) Q2 2024 Earnings Conference Call September 4, 2024 8:00 AM ET Company Participants Robert LaFleur - Senior Vice President, Investor Relations Mike Creedon - Chief Operating Officer Jeff Davis - Chief Financial Officer Conference Call Participants Michael Lasser - UBS Edward Kelly - Wells Fargo Simeon Gutman - Morgan Stanley Matthew Boss - JPMorgan John Heinbockel - Guggenheim Securities Chuck Grom - Gordon Haskett Paul Lejuez - Citigroup Krisztina Katai - Deutsche Bank Scot C ...

Shares of Dollar Tree Inc (NASDAQ:DLTR) are down 21.3% at $64.25 at last glance, and headed for their largest single-day percentage drop on record, after the discount retailer's second-quarter earnings and revenue missed estimates. The company also slashed its full-year forecast, citing weaker demand. On track for its ninth-straight daily loss, DLTR is gapping to its lowest levels since March 2020. Support at the $60 region lingers below, however. Since the start of 2024, the equity is down roughly 54%. Ove ...

Dollar Tree (DLTR) reported $7.37 billion in revenue for the quarter ended July 2024, representing a year-overyear increase of 0.7%. EPS of $0.67 for the same period compares to $0.91 a year ago. The reported revenue represents a surprise of -1.74% over the Zacks Consensus Estimate of $7.5 billion. With the consensus EPS estimate being $1.03, the EPS surprise was -34.95%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Key Takeaways Dollar Tree reported second-quarter earnings below what analysts' expectations Wednesday, with profits falling year-over-year. Executives said the company is facing "immense pressures" from the economic environment. The comments are similar to those from executives at Dollar General, who last week said they saw a "financially constrained" consumer. Dollar Tree (DLTR) shares tumbled in premarket trading Wednesday after the discount retailer reported another earnings miss and said it is facing " ...

Dollar Tree (DLTR) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -34.95%. A quarter ago, it was expected that this discount retailer would post earnings of $1.43 per share when it actually produced earnings of $1.43, delivering no surprise. Over the last four quarters, the company h ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup New ...

Company Overview - Dollar Tree's shares fell approximately 10% in premarket trading after the company revised its full-year outlook, indicating increased pressures on middle-income and higher-income customers [1] - The retailer now expects consolidated net sales to be between $30.6 billion and $30.9 billion, and adjusted earnings per share to range from $5.20 to $5.60, down from previous guidance of $31 billion to $32 billion in net sales and $6.50 to $7 for adjusted earnings per share [2] Financial Performance - Chief Financial Officer Jeff Davis attributed the lowered forecast to a conservative outlook and costs related to the acquisition of 99 Cents Only stores, as well as increased general liability claims leading to higher costs for reimbursements and litigation [3] - Same-store sales for Dollar Tree rose by 1.3%, while Family Dollar saw a slight decline of 0.1%, resulting in an overall increase of 0.7% in same-store sales for the company [5] Market Conditions - The company has experienced softer sales as customers across various income levels are being more cautious with their spending, a trend also noted by rival Dollar General [4] - Dollar Tree has faced specific challenges, including the announcement of closing about 1,000 Family Dollar stores due to market conditions and performance issues, and is considering selling the Family Dollar brand after acquiring it for nearly $9 billion in 2015 [6] Stock Performance - As of the latest close, Dollar Tree's shares have decreased nearly 43% year-to-date, hitting a 52-week low at $81.65 [7]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-25464 DOLLAR TREE, INC. (Exact name of registrant as specified in its charter) Virginia 26-2018846 (State or ot ...

Exhibit 99.1 Dollar Tree, Inc. Reports Results for the Second Quarter Fiscal 2024 • Same-Store Net Sales: Dollar Tree +1.3%; Family Dollar -0.1%; Enterprise +0.7% • Diluted Earnings per Share (EPS) of $0.62 and Adjusted Diluted EPS of $0.67 • Diluted and Adjusted Diluted EPS Includes $0.30 of Costs Related to General Liability Claims • Fiscal 2024 Net Sales Outlook Range of $30.6 Billion to $30.9 Billion • Fiscal 2024 Adjusted Diluted EPS Outlook Range of $5.20 to $5.60 • Revised Outlook Incorporates Second ...

Dollar Tree, Inc. DLTR is set to release earnings results for its second quarter, before the opening bell on Wednesday, Sept. 4. Read This Next: Analysts expect the Chesapeake, Virginia-based company to report quarterly earnings at $1.04 per share, up from 91 cents per share in the year-ago period. Dollar Tree projects to report quarterly revenue of $7.49 billion for the quarter, according to data from Benzinga Pro. On June 5, the company reported first-quarter FY24 sales growth of 4.22% at $7.63 billion, w ...