Key Quarterly Highlights from Dollar Tree's Fourth Quarter 2023 Financial Results

Wednesday, 13 March 2024, 10:43

Dollar Tree (DLTR) posted robust results in Q4 2023, with a significant revenue increase of 11.9% to $8.63 billion. Despite a net loss of $1.71 billion, or $7.85 per share due to adjustments, the adjusted EPS grew by 25% to $2.55. The company forecasts positive growth for Q1 2024, anticipating consolidated net sales of $7.6-7.9 billion and an EPS range of $1.33-1.48.
https://store.livarava.com/b90cacd4-e173-11ee-9667-5254a2021b2b.jpe
Key Quarterly Highlights from Dollar Tree's Fourth Quarter 2023 Financial Results

Key Highlights:

Dollar Tree (DLTR) reported strong performance in its Q4 2023 financial results.

  • Consolidated net sales surged by 11.9% to $8.63 billion.
  • Enterprise same-store net sales rose by 3%.
  • Net loss was $1.71 billion, but the adjusted EPS increased by 25% to $2.55.
  • First quarter 2024 estimates include consolidated net sales of $7.6-7.9 billion with a low-to-mid-single digit increase in same-store sales.
  • EPS for Q1 2024 is projected to be in the range of $1.33-1.48.

DLTR Earnings story provides key insights into Dollar Tree's financial performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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