Dollar Tree (DLTR) Q3 Comps Up 6.5%, Qtr Sales Above the Street Views
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Dollar Tree, Inc. (NASDAQ: DLTR) said third quarter comparable-store sales increased 6.5%. Total sales for the quarter rose 12.1% to $1.25 billion, slightly above the consensus of $1.22 billion.
"Our sales momentum continued in the third quarter, driven by increased traffic," said President and CEO Bob Sasser. "Leading categories in the third quarter included health and beauty care basics, household consumables and party supplies. In addition, our seasonal performance was terrific from Back-to-School through Halloween as Dollar Tree remains the destination for incredible seasonal values."
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