Dollar Tree (DLTR) Misses Q2 EPS Views; Guides Q3, FY15 Revenue Below Expectations

Dollar Tree (Nasdaq: DLTR) reported Q2 EPS of $0.25, $0.37 worse than the analyst estimate of $0.62. Revenue for the quarter came in at $3.01 billion versus the consensus estimate of $3.04 billion.

The increase was the result of $811.6 million in sales from the Family Dollar segment since closing on the acquisition, and a same-store sales increase of 2.7% on a constant currency basis for the Dollar Tree segment. Same-store sales increased 4.5% in the prior-year period for the Dollar Tree segment. Adjusted for the impact of Canadian currency fluctuations, the same-store sales increase was 2.4%. The positive same-store sales were driven by increases in customer count and average ticket.

Dollar Tree sees Q3 2015 revenue of $4.78-4.87 billion, versus the consensus of $4.91 billion.

Dollar Tree sees FY2015 revenue of $15.30-15.52 billion, versus the consensus of $15.57 billion.

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

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