Categories AlphaGraphs, Earnings, Retail
DLTR Earnings: Key quarterly highlights from Dollar Tree’s Q2 2024 financial results
Dollar Tree, Inc. (NASDAQ: DLTR) reported its second quarter 2024 earnings results today.
Consolidated net sales increased 0.7% year-over-year to $7.37 billion. Enterprise same-store net sales rose 0.7%.
Net income was $132.4 million, or $0.62 per share, compared to $200.4 million, or $0.91 per share, last year. Adjusted EPS was $0.67.
Revenue and earnings both missed estimates, sending the stock crashing over 12% in premarket hours on Wednesday.
For fiscal year 2024, consolidated net sales are expected to range between $30.6-30.9 billion. The company expects to deliver comparable store net sales growth in the low-single-digits for the enterprise and both the Dollar Tree and Family Dollar segments. Adjusted EPS is expected to range from $5.20-5.60.
The company expects consolidated net sales for the third quarter of 2024 to be $7.4-7.6 billion, based on comparable store net sales growth in the low-single-digits for the enterprise and both the Dollar Tree and Family Dollar segments. Adjusted EPS for Q3 2024 is expected to be $1.05-1.15.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
GIS Earnings: All you need to know about General Mills’ Q2 2025 earnings results
General Mills, Inc. (NYSE: GIS) reported its second quarter 2025 earnings results today. Net sales increased 2% year-over-year to $5.2 billion. Organic sales were up 1%. Net earnings attributable to
Earnings Preview: Accenture (ACN) likely had a strong start to fiscal 2025
For Accenture plc. (NYSE: ACN), 2024 was a fruitful year marked by positive financial performance. The professional service firm effectively navigated a challenging market environment leveraging its agile business model
Signet Jewelers (SIG): Fashion remains a strong point for the jewelery retailer
Shares of Signet Jewelers Limited (NYSE: SIG) were down over 3% on Tuesday. The stock has dropped 12% over the past three months. The company faced challenges in the third
