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13.03.2024
Company news: Dollar Tree (DLTR) quarterly results miss analysts’ expectations
Dollar Tree (DLTR) reported Q4 FY2023 earnings of $2.55 per share (versus $2.04 per share in Q4 FY2022), missing analysts’ consensus estimate of $2.67 per share.
The company’s quarterly revenues amounted to $8.633 bln (+11.9% y/y), slightly missing analysts’ consensus estimate of $8.661 bln.
The company also issued guidance for Q1 FY2024, seeing EPS of $1.33-1.48 versus analysts’ consensus estimate of $1.71 and revenues of $7.6-7.9 bln versus analysts’ consensus estimate of $7.68 bln.
For the full FY2024, the company predicts EPS of $6.70-7.30 versus analysts’ consensus estimate of $7.04 and revenues of $31.0-32.0 bln versus analysts’ consensus estimate of $31.72 bln.
DLTR fell to $141.00 (-5.81%) in pre-market trading.
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