Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2016
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Jefferies Raises Price Target on Dollar Tree (DLTR) Following 1Q Earnings Report
May 27, 2016 8:57 AM EDTJefferies reiterated a Hold rating on Dollar Tree (NASDAQ: DLTR), and raised the price target to $80.00 (from $75.00), following the company's 1Q earnings report. FY17 EPS was increased $0.15 at the high end and $0.23 off the low end. This matches the upside in Q1 on a... More
Dollar Tree (DLTR) Tops Q1 EPS by 8c; Issued Mixed Outlook
May 26, 2016 7:34 AM EDTDollar Tree (NASDAQ: DLTR) reported Q1 EPS of $0.89, $0.08 better than the analyst estimate of $0.81. Revenue for the quarter came in at $5.09 billion versus the consensus estimate of $5.1 billion.
Same-store sales, on a constant currency basis, increased 3.4% in the prior-year period. Adjusted for the impact of Canadian currency fluctuations, the same-store sales increase was 2.2%.
Bob Sasser, Chief Executive Officer, stated, I am very pleased with the Companys performance in the first quarter. Through what continues to be a challenging economic... More
