Categories AlphaGraphs, Earnings, Retail

DLTR Earnings: Key quarterly highlights from Dollar Tree’s Q4 2023 financial results

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

Consolidated net sales increased 11.9% year-over-year to $8.63 billion. Enterprise same-store net sales increased 3%.

Net loss was $1.71 billion, or $7.85 per share, compared to net income of $452.2 million, or $2.04 per share, last year. Adjusted EPS rose 25% to $2.55.

Revenue and earnings missed expectations, sending the stock plummeting over 7% in premarket hours on Wednesday.

The company expects consolidated net sales for the first quarter of 2024 to range from $7.6-7.9 billion, based on a low-to-mid-single digit increase in same-store sales for the enterprise. EPS is estimated to be $1.33-1.48.

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

Citigroup (C) reports lower revenue and profit for Q1 2024; results beat

Banking behemoth Citigroup Inc. (NYSE: C) Friday reported a decrease in revenue and net income for the first quarter of 2024. However, the numbers came in above analysts' estimates. Net

WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2024 financial results

Wells Fargo & Company (NYSE: WFC) reported first quarter 2024 earnings results today. Total revenue rose 1% year-over-year to $20.8 billion. Net income decreased 7% to $4.6 billion while EPS

JPM Earnings: All you need to know about JPMorgan’s Q1 2024 earnings results

JPMorgan Chase & Co. (NYSE: JPM) reported first quarter 2024 earnings results today. Reported net revenue was $41.9 billion, up 9% year-over-year. Managed net revenue was $42.5 billion, up 8%

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