Dollar Tree (DLTR) Q4 2025 Earnings
Q4 adjustments include $4.8M strategic review costs and a $4.5M change in estimated software termination costs, which largely offset, resulting in adjusted diluted EPS equal to GAAP diluted EPS of $2.56
How Did DLTR Stock React to Q4 2025 Earnings?
S&P 500 over the same 30 days: +4.88%.
Did DLTR Beat Earnings? Q4 2025 Results
Yes. Dollar Tree reported Q4 2025 earnings of $2.56 a share on Mar 16, 2026, beating the $2.53 consensus estimate by 1.1%. Revenue was $5.5B against a $5.5B estimate.
Dollar Tree delivered a solid finish to fiscal 2025, posting adjusted diluted EPS of $2.56 for Q4, edging past the $2.53 consensus estimate by 1.13%, even as revenue of $5.45 billion came in just 0.26% below expectations despite growing 9.0% year over year. The key driver behind the earnings strength was a 150-basis-point expansion in gross profit margin to 39.1%, fueled by improved pricing initiatives and lower freight costs, with comparable store net sales rising 5.0% on the back of a 6.3% jump in average ticket. The results reflect Dollar Tree's sharper focus as a single-banner retailer following the July 2025 sale of Family Dollar, with the company now aggressively rolling out its multi-price format across roughly 5,300 stores, a strategy analysts see as central to defending and growing margins. Looking ahead, management guided for fiscal 2026 net sales of $20.50 billion to $20.70 billion and adjusted diluted EPS of $6.50 to $6.90, while tariff costs and higher store payroll remain watchpoints for the year ahead.
- 5.0% comparable store net sales growth driven by 6.3% increase in average ticket
- Improved mark-on from pricing initiatives
- Lower domestic and import freight costs
- Multi-price format conversion (Dollar Tree 3.0) with approximately 5,300 stores converted
- Transition services agreement income of $23.1M from Family Dollar post-sale services
“Our strong results this quarter show that Dollar Tree remains America's retail destination for value, convenience, and discovery – underscored by our 20th consecutive year of positive same store sales.”
Dollar Tree CEO, on the earnings call
What Was Dollar Tree's Outlook in Q4 2025?
For fiscal 2026, Dollar Tree expects net sales from continuing operations of $20.5 billion to $20.7 billion, based on comparable store net sales growth of 3% to 4%, approximately 400 new store openings and 75 closings, and adjusted diluted EPS of $6.50 to $6.90. For Q1 fiscal 2026, the company expects net sales of $4.9 billion to $5.0 billion, comparable store net sales growth of 3% to 4%, and adjusted diluted EPS of $1.45 to $1.60. Quarter-to-date share repurchases of $193 million were also disclosed.
DLTR YoY Financials
| Metric | Q4 2025 | Q4 2024 | Year over year |
|---|---|---|---|
| Revenue | $5.5B | $5.0B | +9.0% |
| Gross Profit | $2.1B | $1.9B | +13.2% |
| Operating Income | $694.7M | $533.6M | +30.2% |
| Net Income | $511.7M | $239.3M | +113.9% |
DLTR Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.