Categories AlphaGraphs, Earnings, Retail

DLTR Earnings: All you need to know about Dollar Tree’s Q1 2023 earnings results

Dollar Tree, Inc. (NASDAQ: DLTR) reported first quarter 2023 earnings results today.

Consolidated net sales increased 6.1% year-over-year to $7.32 billion. Enterprise same-store sales increased 4.8%.

Net income was $299 million, or $1.35 per share, compared to $536.4 million, or $2.37 per share, last year. Adjusted EPS was $1.47.

Sales beat estimates but earnings fell short of expectations, causing the stock to plunge 11% in premarket hours on Thursday.  

For the second quarter of 2023, consolidated net sales are expected to range from $7.0-7.2 billion and EPS is estimated to be $0.79-0.89. Consolidated net sales for fiscal year 2023 are expected to range from $30.0-30.5 billion while EPS is projected to be $5.73-6.13.

Prior performance

Most Popular

What to expect when Signet Jewelers (SIG) reports Q1 earnings

Shares of Signet Jewelers Limited (NYSE: SIG) were over 3% on Monday. The stock has dropped 13% over the past 3 months. The jewelry retailer is set to report its

MDB Infographic: Highlights of MongoDB’s Q1 2024 earnings report

Software company MongoDB, Inc. (NASDAQ: MDB) has announced financial results for the first quarter of 2024, posting an increase in revenues and adjusted profit. The company reported a 29% increase

Campbell Soup to report Q3 results Wednesday. Here’s what to expect

Campbell Soup Company (NYSE: CPB) is coming out of a rough patch after the packaged food company's sales and earnings got affected by the pandemic, due to the widespread movement

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top