Dollar Tree (DLTR) slumps after cutting full-year profit expectations
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Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2023
May 25, 2023 7:30 AM EDTSame-Store Sales: Dollar Tree +3.4%; Family Dollar +6.6%; Enterprise +4.8% Comparable Transaction Count: Dollar Tree +5.5%; Family Dollar +4.3% GAAP Diluted Earnings per Share (EPS) $1.35 Adjusted EPS of $1.47 Excludes $30 Million (or $0.12 per share) Legal Reserve Tightens Fiscal 2023 Sales Outlook Range to $30.0 Billion to $30.5 Billion Revises Fiscal 2023 EPS Outlook: $5.73 to $6.13 on Macro-Driven Higher-Than-Anticipated Shrink and Unfavorable Mix Shift Towards Consumables, Including $0.12 per Share Legal Reserve Strong Free Cash Flow Generation of $402 million (an increase of 41% from last year)
CHESAPEAKE, Va.--(BUSINESS WIRE)-- Dollar Tree, Inc.... More
