Dollar Tree shares tumble on Q2 miss, disappointing guidance

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Go back to Dollar Tree shares tumble on Q2 miss, disappointing guidance

Dollar Tree, Inc. Reports Results for the Second Quarter Fiscal 2024

September 4, 2024 6:30 AM EDT

Same-Store Net Sales: Dollar Tree +1.3%; Family Dollar -0.1%; Enterprise +0.7% Diluted Earnings per Share (EPS) of $0.62 and Adjusted Diluted EPS of $0.67 Diluted and Adjusted Diluted EPS Includes $0.30 of Costs Related to General Liability Claims Fiscal 2024 Net Sales Outlook Range of $30.6 Billion to $30.9 Billion Fiscal 2024 Adjusted Diluted EPS Outlook Range of $5.20 to $5.60 Revised Outlook Incorporates Second Quarter Results, More Conservative Sales Outlook, Incremental Conversion Costs For 99 Cents Only Stores, and Higher D&A

CHESAPEAKE, Va.--(BUSINESS WIRE)-- Dollar Tree, Inc. (NASDAQ:... More