These Analysts Revise Their Forecasts On Dollar Tree Following Q2 Results

Core Insights - Dollar Tree Inc. reported stronger-than-expected second-quarter sales and earnings, with sales increasing 12.3% to $4.567 billion, surpassing the consensus of $4.484 billion [1] - Same-store net sales rose by 6.5%, driven by a 3% increase in traffic and a 3.4% increase in average ticket size [1] - Adjusted earnings were reported at 77 cents per share, exceeding the analyst estimate of 41 cents [1] Financial Guidance - The company raised its fiscal 2025 adjusted earnings guidance from a range of $5.15-$5.65 to $5.32-$5.72, compared to the consensus of $5.48 [3] - Sales guidance was revised from $18.5 billion-$19.1 billion to $19.3 billion-$19.5 billion, against a consensus of $19.12 billion, based on comparable store net sales growth of 4% to 6% [3] Market Reaction - Following the earnings announcement, Dollar Tree shares fell by 2.5%, trading at $32.89 [3] Analyst Ratings and Price Targets - Piper Sandler maintained a Neutral rating and lowered the price target from $112 to $108 [6] - Truist Securities maintained a Buy rating and raised the price target from $127 to $129 [6] - JP Morgan maintained an Overweight rating and raised the price target from $138 to $140 [6] - Citigroup maintained a Buy rating and lowered the price target from $130 to $124 [6] - B of A Securities maintained an Underperform rating and raised the price target from $70 to $75 [6]