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Compared to Estimates, Dollar Tree (DLTR) Q1 Earnings: A Look at Key Metrics
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For the quarter ended April 2023, Dollar Tree (DLTR - Free Report) reported revenue of $7.32 billion, up 6.1% over the same period last year. EPS came in at $1.47, compared to $2.37 in the year-ago quarter.
The reported revenue represents a surprise of +0.68% over the Zacks Consensus Estimate of $7.27 billion. With the consensus EPS estimate being $1.51, the EPS surprise was -2.65%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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:
Enterprise - Same-Store Sales: 4.8% versus 3.86% estimated by nine analysts on average.
Dollar Tree - Same-Store Sales: 3.4% compared to the 2.18% average estimate based on eight analysts.
Family Dollar - Same-Store Sales: 6.6% versus 5.69% estimated by eight analysts on average.
Total - Number of stores: 16419 versus 16448.8 estimated by five analysts on average.
Dollar Tree - Ending stores: 8153 versus 8186.6 estimated by five analysts on average.
Family Dollar - Selling Square Footage: 62.3 Msq ft compared to the 61.93 Msq ft average estimate based on five analysts.
Family Dollar - Ending stores: 8266 compared to the 8262.2 average estimate based on five analysts.
Dollar Tree - Selling Square Footage: 70.7 Msq ft versus 70.97 Msq ft estimated by five analysts on average.
Family Dollar - New stores: 75 versus 77.5 estimated by four analysts on average.
Net Sales- Dollar Tree: $3.93 billion compared to the $3.90 billion average estimate based on eight analysts. The reported number represents a change of +4% year over year.
Net Sales- Family Dollar: $3.39 billion compared to the $3.37 billion average estimate based on eight analysts. The reported number represents a change of +8.6% year over year.
Total net sales: $7.32 billion versus $7.28 billion estimated by three analysts on average.
Shares of Dollar Tree have returned +1.4% over the past month versus the Zacks S&P 500 composite's -0.4% 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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Compared to Estimates, Dollar Tree (DLTR) Q1 Earnings: A Look at Key Metrics
For the quarter ended April 2023, Dollar Tree (DLTR - Free Report) reported revenue of $7.32 billion, up 6.1% over the same period last year. EPS came in at $1.47, compared to $2.37 in the year-ago quarter.
The reported revenue represents a surprise of +0.68% over the Zacks Consensus Estimate of $7.27 billion. With the consensus EPS estimate being $1.51, the EPS surprise was -2.65%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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:
- Enterprise - Same-Store Sales: 4.8% versus 3.86% estimated by nine analysts on average.
- Dollar Tree - Same-Store Sales: 3.4% compared to the 2.18% average estimate based on eight analysts.
- Family Dollar - Same-Store Sales: 6.6% versus 5.69% estimated by eight analysts on average.
- Total - Number of stores: 16419 versus 16448.8 estimated by five analysts on average.
- Dollar Tree - Ending stores: 8153 versus 8186.6 estimated by five analysts on average.
- Family Dollar - Selling Square Footage: 62.3 Msq ft compared to the 61.93 Msq ft average estimate based on five analysts.
- Family Dollar - Ending stores: 8266 compared to the 8262.2 average estimate based on five analysts.
- Dollar Tree - Selling Square Footage: 70.7 Msq ft versus 70.97 Msq ft estimated by five analysts on average.
- Family Dollar - New stores: 75 versus 77.5 estimated by four analysts on average.
- Net Sales- Dollar Tree: $3.93 billion compared to the $3.90 billion average estimate based on eight analysts. The reported number represents a change of +4% year over year.
- Net Sales- Family Dollar: $3.39 billion compared to the $3.37 billion average estimate based on eight analysts. The reported number represents a change of +8.6% year over year.
- Total net sales: $7.32 billion versus $7.28 billion estimated by three analysts on average.
View all Key Company Metrics for Dollar Tree here>>>Shares of Dollar Tree have returned +1.4% over the past month versus the Zacks S&P 500 composite's -0.4% 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.