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Dollar Tree reports Q1 adjusted EPS $1.26, consensus $1.21

Reports Q1 revenue $4.6B, consensus $4.53B. Q1 same-store net sales: Dollar Tree (DLTR) Same-Store Net Sales +5.4% on +2.5% Traffic and +2.8% Ticket. “Our strong first quarter performance underscores the progress we’ve made against our strategic priorities and is a clear signal that our customers are responding positively to the changes we are making,” said Mike Creedon, Chief Executive Officer. “History has shown that we have the resilience to emerge stronger from periods of economic uncertainty and in today’s rapidly evolving environment, we see a meaningful opportunity to further elevate the value, convenience, and discovery that our customers depend on Dollar Tree to provide.”

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