Dollar Tree, Inc. (NASDAQ: DLTR) reported Q2 EPS of $0.61, $0.03 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $2.01 billion.

Consolidated comparable store sales increased 4.5% on a constant currency basis. Adjusted for the impact of Canadian currency fluctuations, the comparable store sales increase was 4.4%.

“I am very pleased with our second quarter results,” said Chief Executive Officer Bob Sasser. “Expanded assortments of high-value product contributed to our strongest quarterly comparable store sales performance in two years. Pet supplies, hardware, household products, food, electronics and party goods all performed well in the quarter. Our 4.5% comp sales resulted from increases in both customer traffic and average ticket. I am particularly proud of our store associates. Our store teams continue to execute at a high level as the Company delivered its 26th consecutive quarter of positive comparable store sales growth. In challenging macro environments, consumers are increasingly relying on Dollar Tree to be part of the solution in managing their family’s budget. Our stores are well-stocked with incredible values and we are prepared for the fall selling season.”

Dollar Tree sees Q3 2014 EPS of $0.61 - $0.66, versus the consensus of $0.66. Dollar Tree, Inc. sees Q3 2014 revenue of $2.02 - $2.07 billion, versus the consensus of $2.05 billion.

Dollar Tree sees FY2014 EPS of $2.94 - $3.06, versus the consensus of $3.13. Dollar Tree, Inc. sees FY2014 revenue of $8.44 - $8.55 billion, versus the consensus of $8.51 billion.

For earnings history and earnings-related data on Dollar Tree, Inc. (DLTR) click here.

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