Companies /Consumer Defensive

Dollar Tree Inc

NASDAQ: DLTR Discount Stores
$112.16
▼ $2.27 (−1.98%) today
Markets closed · 6:50am ET

Q4 2024 Earnings

Reported Mar 26, 2025, 6:32am ET · SEC source
$2.11
Miss −3.93%
EPS · est. $2.20 Adjusted

Adjusted continuing operations EPS of $2.11 excludes $58.3 million software impairments and termination costs, $27.1 million stock option acceleration cost for former CEO resignation, $9.1 million strategic review costs, offset by $29.7 million non-operating insurance gain, and related tax adjustments

$5.0B
Miss −39.32%
Revenue · est. $8.2B
+19.0%
Beating market
DLTR vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−5%0+5%+10%Mar 26Mar 27report 6:32am ETearnings−1.1%+10.1%
−5%0+5%+10%Mar 26Mar 27earnings−1.1%+10.1%
DLTR +10.1%S&P 500 −1.1%
0+5%+10%Mar 26Mar 27report 6:32am ETearnings−1.8%+10.1%
0+5%+10%Mar 26Mar 27earnings−1.8%+10.1%
DLTR +10.1%NASDAQ −1.8%
−5%0+5%+10%Mar 25Apr 3report 6:32am ETearnings−5.1%−2.1%
−5%0+5%+10%Mar 25Apr 3earnings−5.1%−2.1%
DLTR −2.1%S&P 500 −5.1%
−6%0+6%Mar 25Apr 3report 6:32am ETearnings−7.1%−2.1%
−6%0+6%Mar 25Apr 3earnings−7.1%−2.1%
DLTR −2.1%NASDAQ −7.1%
+3.08%
Day of report
+11.18%
Next session
+12.08%
One week
+15.84%
30 days

S&P 500 over the same 30 days: −3.12%.

Did DLTR Beat Earnings? Q4 2024 Results

Dollar Tree delivered a mixed fourth quarter for fiscal 2024, missing on both the top and bottom lines as the company's strategic pivot away from Family Dollar reshaped its reported financials. Adjusted diluted EPS of $2.11 fell short of the $2.20 consensus estimate by 3.93%, while continuing operations revenue of $5.00 billion, reflecting only the Dollar Tree segment after Family Dollar was reclassified as discontinued operations ahead of its $1.01 billion sale to Brigade Capital Management and Macellum Capital Management, registered a 42.1% year-over-year decline and missed the $8.23 billion consensus by 39.32%. The quarter was weighed down by $58.00 million in software impairments and contract termination costs tied to the Family Dollar divestiture, along with $27.10 million in stock option acceleration charges related to former CEO Richard Dreiling's resignation. Still, same-store sales grew 2.0%, offering a cleaner signal of underlying demand. Looking ahead, Dollar Tree guided full-year fiscal 2025 adjusted diluted EPS of $5.00 to $5.50, though the range absorbs a $0.30 to $0.35 headwind from shared-service costs while Family Dollar TSA reimbursements only begin in the second half of the year.

Key Takeaways
  • Dollar Tree same-store net sales growth of 2.0% driven by 0.7% traffic increase and 1.3% average ticket increase
  • Growing customer acceptance of expanded multi-price assortment driving sales momentum
  • Approximately 2,900 Dollar Tree 3.0 multi-price format stores completed by fiscal year-end
  • 525 new Dollar Tree stores opened during full year fiscal 2024
  • Selling square footage growth rate of 7.3% for Dollar Tree segment

“In the fourth quarter, our team was focused on successfully closing out the year, bringing the strategic review to a favorable conclusion, and setting Dollar Tree on a path to realize its full potential to create long-term value for our associates, customers, and shareholders.”

Dollar Tree CEO, on the earnings call

Forward Guidance & Outlook

For full-year fiscal 2025, Dollar Tree expects continuing operations net sales of $18.5 billion to $19.1 billion based on comparable store net sales growth of 3% to 5%, and adjusted diluted EPS from continuing operations of $5.00 to $5.50, including approximately $0.30 to $0.35 negative impact from bearing full-year shared-service costs supporting Family Dollar while only receiving TSA reimbursement in the second half of the year. For Q1 fiscal 2025, the company expects net sales from continuing operations of $4.5 billion to $4.6 billion with comparable store net sales growth of 3% to 5%, and adjusted diluted EPS from continuing operations of $1.10 to $1.25, including the full shared-service expense burden with no Family Dollar TSA benefit.

DLTR YoY Financials

Q4 2024 vs Q4 2023 · SEC filings Q4 2023 Q4 2024
$0$3.0B$6.0B$9.0B$8.6B$5.0BRevenue$2.8B$1.9BGross Profit$233.8M$533.6MOperating Income$179.1M$400.2MNet Income
$0$3.0B$6.0B$9.0BRevenueGross ProfitOperating IncomeNet Income

DLTR Revenue by Segment

Dollar Tree$5.0B
Family Dollar$3.3B

Figures from SEC filings and company reports. Not investment advice.