Dollar Tree (DLTR) Tops Q4 EPS by 2c, Guidance Misses

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Dollar Tree, Inc. Reports Results for the Fourth Quarter and Fiscal Year 2022

March 1, 2023 7:30 AM EST

Q4 Same-Store Sales: Dollar Tree +8.7%; Family Dollar +5.8%; Enterprise +7.4% Q4 Diluted Earnings per Share (EPS) $2.04 Company is Accelerating its Transformation Initiatives and Pulling-Forward Investments to Deliver on its Full Potential Fiscal 2023 EPS Outlook of $6.30 to $6.80 includes: An Estimated $0.29 per Share Benefit from 53rd Week Approximately $1.45 per Share Operating Expense Investment Outlook Includes Only Minimal Benefit from Investments Investments Will Yield Attractive Returns by 2024 and Beyond $1.00 per Share of Reduced Freight Expenses with Additional Benefit of Approximately $1.00 Expected in 2024 and... More