Dollar Tree (DLTR - Free Report) reported $7.31 billion in revenue for the quarter ended October 2023, representing a year-over-year increase of 5.4%. EPS of $0.97 for the same period compares to $1.20 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $7.4 billion, representing a surprise of -1.16%. The company delivered an EPS surprise of -3.96%, with the consensus EPS estimate being $1.01.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dollar Tree performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Dollar Tree - Same-Store Sales: 5.4% compared to the 5.8% average estimate based on nine analysts.
- Enterprise - Same-Store Sales: 3.9% compared to the 5.2% average estimate based on nine analysts.
- Family Dollar - Same-Store Sales: 2% versus the nine-analyst average estimate of 4.6%.
- Dollar Tree - Selling Square Footage: 71.9 Msq ft versus 71.7 Msq ft estimated by six analysts on average.
- Family Dollar - Ending stores: 8,350 versus the six-analyst average estimate of 8,381.
- Dollar Tree - Ending stores: 8,272 versus the six-analyst average estimate of 8,264.
- Family Dollar - Selling Square Footage: 63.4 Msq ft versus 63.36 Msq ft estimated by six analysts on average.
- Total - Number of stores: 16,622 versus 16,644 estimated by six analysts on average.
- Net Sales- Dollar Tree: $4 billion versus $4.02 billion estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +6.6% change.
- Net Sales- Family Dollar: $3.31 billion versus the nine-analyst average estimate of $3.40 billion. The reported number represents a year-over-year change of +3.9%.
- Total net sales: $7.31 billion versus $7.39 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change.
- Other revenue: $5.70 million versus the two-analyst average estimate of $4.25 million. The reported number represents a year-over-year change of +72.7%.
View all Key Company Metrics for Dollar Tree here>>>Shares of Dollar Tree have returned +4.5% over the past month versus the Zacks S&P 500 composite's +10.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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Dollar Tree (DLTR - Free Report) reported $7.31 billion in revenue for the quarter ended October 2023, representing a year-over-year increase of 5.4%. EPS of $0.97 for the same period compares to $1.20 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $7.4 billion, representing a surprise of -1.16%. The company delivered an EPS surprise of -3.96%, with the consensus EPS estimate being $1.01.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dollar Tree performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Dollar Tree - Same-Store Sales: 5.4% compared to the 5.8% average estimate based on nine analysts.
- Enterprise - Same-Store Sales: 3.9% compared to the 5.2% average estimate based on nine analysts.
- Family Dollar - Same-Store Sales: 2% versus the nine-analyst average estimate of 4.6%.
- Dollar Tree - Selling Square Footage: 71.9 Msq ft versus 71.7 Msq ft estimated by six analysts on average.
- Family Dollar - Ending stores: 8,350 versus the six-analyst average estimate of 8,381.
- Dollar Tree - Ending stores: 8,272 versus the six-analyst average estimate of 8,264.
- Family Dollar - Selling Square Footage: 63.4 Msq ft versus 63.36 Msq ft estimated by six analysts on average.
- Total - Number of stores: 16,622 versus 16,644 estimated by six analysts on average.
- Net Sales- Dollar Tree: $4 billion versus $4.02 billion estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +6.6% change.
- Net Sales- Family Dollar: $3.31 billion versus the nine-analyst average estimate of $3.40 billion. The reported number represents a year-over-year change of +3.9%.
- Total net sales: $7.31 billion versus $7.39 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +5.4% change.
- Other revenue: $5.70 million versus the two-analyst average estimate of $4.25 million. The reported number represents a year-over-year change of +72.7%.
View all Key Company Metrics for Dollar Tree here>>>Shares of Dollar Tree have returned +4.5% over the past month versus the Zacks S&P 500 composite's +10.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
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