Q1 27 EPS
$1.74
BEAT +12.42%
Est. $1.55
Q1 27 Revenue
$4.98B
BEAT +0.17%
Est. $4.97B
vs S&P Since Q1 27
+16.8%
BEATING MARKET
DLTR +15.8% vs S&P -1.0%
Market Reaction
Did DLTR Beat Earnings? Q1 2027 Results
Dollar Tree delivered a standout first quarter for fiscal 2026, with adjusted diluted EPS of $1.74 beating the $1.55 consensus estimate by 12.26% and revenue climbing 7.2% year over year to $4.98 billion, as the company's ongoing shift toward a multi… Read more Dollar Tree delivered a standout first quarter for fiscal 2026, with adjusted diluted EPS of $1.74 beating the $1.55 consensus estimate by 12.26% and revenue climbing 7.2% year over year to $4.98 billion, as the company's ongoing shift toward a multi-price format continued to pay off. The primary engine behind the beat was a combination of higher mark-on, lower freight costs, and reduced shrink, which drove operating income up 23% to $473.30 million and pushed operating margin 120 basis points higher to 9.5%. A 3.5% comparable store sales gain, fueled by a 4.5% rise in average ticket, underscored improving consumer engagement across roughly 5,900 multi-price locations, even as a 1.0% traffic dip pointed to lingering pressure on store visits. Free cash flow from continuing operations surged to $391.50 million from $129.70 million a year ago, supporting $595.00 million in share repurchases during the quarter. Looking ahead, the company raised its full-year adjusted EPS outlook to $6.70-$7.10 and guided net sales of $20.50 billion-$20.70 billion, reflecting confidence in sustained comparable store sales growth of 3%-4%.
Key Takeaways
- • Comparable store net sales increased 3.5%, driven by 4.5% increase in average ticket
- • Gross margin improved 120 basis points driven by higher mark-on, lower freight costs, and lower shrink
- • Operating income margin expanded 120 basis points to 9.5%
- • Multi-price format expansion to approximately 5,900 stores
- • Lower payroll costs partially offset higher SG&A
- • Transition services agreement income of $21.1 million
DLTR Forward Guidance & Outlook
For full-year fiscal 2026, Dollar Tree raised its adjusted diluted EPS outlook to $6.70-$7.10, with net sales expected in the range of $20.5 billion to $20.7 billion based on comparable store net sales growth of 3%-4%. The company expects approximately 400 new store openings and 75 closings. For Q2 fiscal 2026, net sales are expected to range from $4.8 billion to $4.9 billion with comparable store net sales growth of 2.5%-3.5%, and adjusted diluted EPS of $1.00-$1.15. The outlook is on a continuing operations basis and excludes the impact of tariff refunds.
DLTR YoY Financials
Q1 2027 vs Q1 2026, source: SEC Filings
DLTR Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our first quarter results reflect continued progress across the business and demonstrate the strength of Dollar Tree's position as the preferred destination for value, convenience, and discovery.”
— Mike Creedon, Q1 2027 Earnings Press Release
DLTR Earnings Trends
DLTR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
DLTR EPS Trend
Earnings per share: estimate vs actual
DLTR Revenue Trend
Quarterly revenue: estimate vs actual
DLTR Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $1.55 | $1.74 | +12.42% | $4.98B | +0.17% |
| Q4 26 BEAT FY | $2.53 | $2.56 | +1.13% | $5.45B | -0.26% |
| FY Full Year | $5.74 | $5.75 | +0.10% | $19.41B | -0.07% |
| Q3 26 BEAT | $1.08 | $1.21 | +11.80% | $4.75B | +1.23% |
| Q2 26 BEAT | $0.41 | $0.77 | +87.67% | $4.57B | +2.01% |
| Q1 26 BEAT | $1.21 | $1.26 | +4.51% | $4.64B | +2.39% |
| Q4 25 MISS FY | $2.20 | $2.11 | -3.93% | $5.00B | -39.28% |
| FY Full Year | $5.44 | $5.10 | -6.33% | $17.58B | -43.14% |