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- Company news: Dollar Tree’s (DLTR) quarterly results miss analysts’ expectations
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04.09.2024
Company news: Dollar Tree’s (DLTR) quarterly results miss analysts’ expectations
Dollar Tree (DLTR) reported Q2 FY2024 earnings of $0.67 per share (versus $0.91 per share in Q2 FY2023), missing analysts’ consensus estimate of $1.04 per share.
The company’s quarterly revenues amounted to $7.373 bln (-0.7% y/y), missing analysts’ consensus estimate of $7.490 bln.
The company also issued guidance for Q3 FY2024, seeing EPS of $1.05-1.15 versus analysts’ consensus estimate of $1.32 and revenues of $7.4-7.6 bln versus analysts’ consensus estimate of $7.58 bln.
For the full FY2024, Dollar Tree forecasts EPS of $5.20-5.60 versus analysts’ consensus estimate of $6.56 and revenues of $30.6-30.9 bln versus analysts’ consensus estimate of $31.17 bln.
DLTR fell to $70.00 (-14.27%) in pre-market trading.
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