13.03.2024 12:25:24 - dpa-AFX: ROUNDUP: Dollar Tree Falls 8% In Pre-market After Q4 Earnings, Outlook

WASHINGTON (dpa-AFX) - (Adds Outlook, stock movement)

For the first quarter Dollar Tree, Inc. (DLTR) expects earnings per share or EPS
of $1.33 to $1.48, below analysts' estimate of $1.69 per share. Dollar Tree
project sales of $7.6 billion to $7.9 billion, in line with Street view of $7.68
billion.

DLTR was trading down by 8.13 percent at $137.28 in the pre-market trade on the
Nasdaq.

For the full year, EPS is guided in the range of $6.70 to $7.30, in line with
analysts' estimate of $7.04 per share. This reflects around $0.15 of EPS benefit
from the anticipated underperforming Family Dollar store closures, mostly in the
second half.

Annual sales are anticipated to be in the range of $31 billion to $32 billion,
in line with analysts' view of $31.65 billion.


Below are the Q4 earnings highlights for Dollar Tree Inc. (DLTR):

Earnings: -$1.709 billion in Q4 vs. $452.2 million in the same period last year.
EPS: -$7.85 in Q4 vs. $2.04 in the same period last year.

Excluding items, Dollar Tree Inc. reported adjusted earnings of $555.7 million
or $2.55 per share for the period.

Analysts projected $2.65 per share
Revenue: $8.639 billion in Q4 vs. $7.720 billion in the same period last year.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DOLLAR TREE INC. DL-,01 A0NFQC Frankfurt 111,320 13.05.24 21:55:01 -0,900 -0,80% 0,000 0,000 111,620 111,320

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