Dollar Tree (DLTR) PT Raised to $106 at RBC Capital

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Dollar Tree (DLTR) PT Raised to $100 at BofA Securities Following 1Q

May 29, 2020 7:27 AM EDT

BofA Securities analyst Robert Ohmes raised the price target on Dollar Tree (NASDAQ: DLTR) to $100.00 (from $86.00) while maintaining a Neutral rating following the company's 1Q earnings report. 1Q EPS of $1.04 was above $0.90 estimates. EBIT margins of 5.8% (vs. 6.6% LY) reflected headwinds from $73.2mn incremental... More

Dollar Tree (DLTR) Tops Q1 EPS by 13c

May 28, 2020 7:02 AM EDT

Dollar Tree (NASDAQ: DLTR) reported Q1 EPS of $1.04, $0.13 better than the analyst estimate of $0.91. Revenue for the quarter came in at $6.29 billion versus the consensus estimate of $6.11 billion.

Enterprise Same-Store Sales Increased 7.0%Same-store sales for Family Dollar increased 15.5%. Dollar Tree same-store sales decreased 0.9%.

Due to uncertainty related to the COVID-19 pandemic, the Company withdrew its first quarter and fiscal 2020 guidance in its March 31, 2020, Business Update. Given the expectation of continued volatility and uncertainty, the Company is not issuing updated guidance at this time. The continuing uncertainties include, but are not... More