Dollar Tree

Services | Discount, Variety Stores | USA
Dollar Tree Beats Earnings Expectations, Will Close 390 Family Dollar Stores

Dollar Tree beats Wall Street's fourth-quarter earnings expectations but says it will close as many as 390 Family Dollar Stores this year.

Dollar Tree reported a fourth-quarter loss of $2.31 billion, or $9.66 a share, compared with a profit of $1.04 billion, or $4.37 a share, a year earlier, as the retailer recorded a $2.73 billion goodwill impairment charge related to the Family Dollar business.

Adjusted earnings for the quarter were $1.93 a share, up from $1.89 a share a year ago and ahead of analysts' expectations of $1.92. Sales for the quarter totaled $6.21 billion, compared with $6.36 billion a year ago. Wall Street was looking for $6.2 billion in sales.  The company said it recorded a $13 million charge in the fourth quarter to write down certain store assets, including $6.1 million associated with impairment of favorable lease rights.

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Dollar Tree (DLTR) Q2 Earnings and Revenues Top Estimates

Dollar Tree (DLTR) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $1.15 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 8.57%. A quarter ago, it was expected that this discount retailer would post earnings of $1.15 per share when it actually produced earnings of $1.14, delivering a surprise of -0.87%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Dollar Tree, which belongs to the Zacks Retail - Discount Stores industry, posted revenues of $5.74 billion for the quarter ended July 2019, surpassing the Zacks Consensus Estimate by 0.35%. This compares to year-ago revenues of $5.53 billion.


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https://finance.yahoo.com/news/dollar-tr...12539.html

Dollar Tree (DLTR) Q4 Earnings Beat Estimates

Dollar Tree (DLTR) came out with quarterly earnings of $1.79 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $1.93 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 1.70%. A quarter ago, it was expected that this discount retailer would post earnings of $1.12 per share when it actually produced earnings of $1.08, delivering a surprise of -3.57%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Dollar Tree, which belongs to the Zacks Retail - Discount Stores industry, posted revenues of $6.32 billion for the quarter ended January 2020, missing the Zacks Consensus Estimate by 1.22%. This compares to year-ago revenues of $6.21 billion.


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https://finance.yahoo.com/news/dollar-tr...01217.html