Dollar Tree (DLTR) posts weak Q4 earnings, plans to close 970 stores; shares dip

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. TSLA
6. META
7. SMCI
8. RTX
9. S
10. COF

Go back to Dollar Tree (DLTR) posts weak Q4 earnings, plans to close 970 stores; shares dip

Dollar Tree, Inc. Reports Results for the Fourth Quarter Fiscal 2023

March 13, 2024 6:30 AM EDT

Same-Store Net Sales: Dollar Tree +6.3%; Family Dollar -1.2%; Enterprise +3.0% Comparable Transaction Count: Dollar Tree +7.1%; Family Dollar +0.7% Diluted Loss per Share of $7.85 Results Include a $594.4 Million Charge for Portfolio Optimization Review, a $1.07 Billion Goodwill Impairment Charge, and a $950 Million Trade Name Intangible Asset Impairment Charge. Adjusted Earnings per Share (EPS) of $2.55, Including $0.17 of Costs Primarily Related to General Liability Claims. Quarter and Annual Results Reflect Extra Week as Fiscal 2023 was a 53-Week Year. Portfolio Optimization Review Identifies Approximately 600 Family Dollar Stores for Closure in... More