Dollar Tree IncDLTR
▲ PositiveCapitalrelevance
Q2 revenue and EPS beat estimates, with same-store sales above expectations.
Impact on stocks 1
Consumer Staples
Dollar Tree IncDollar Tree reported second-quarter revenue of $4.89 billion, up 7% year over year, and EPS of $1.39, beating the Zacks Consensus Estimate of $1.13 by 23%. Revenue also surpassed the consensus estimate of $4.85 billion. Same-store net sales rose 3.7%, above the 3.1% average analyst estimate. The company ended the quarter with 9,436 stores, slightly below the estimated 9,468. Operating income for the Dollar Tree segment was $690.1 million, well above the $407.41 million average estimate. Shares have gained 2.5% over the past month, and the stock holds a Zacks Rank #3 (Hold).
Dollar Tree IncQ2 revenue and EPS beat estimates, with same-store sales above expectations.