Dollar Tree (DE:DT3)
XETRA:DT3
Earnings Data
Report Date
May 21, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.35Last Year’s EPS
1.09Same Quarter Last Year
Based on 20 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasizes measurable operational and strategic progress — strong Q4 top-line growth (9% sales, 5% comps), margin expansion (+150 bps), record household penetration, multi-price rollouts, improved inventory discipline and robust free cash flow and buybacks. Management also highlighted clear FY2026 guidance and long-term SG&A targets. Key headwinds include a modest traffic decline, one-time restickering costs (~$100M), tariff and freight volatility, higher store payroll and liability costs, and weather-related disruption. On balance, the positive metrics, cash generation, and structural improvements outweigh the operational and macro uncertainties, though management notes continued vigilance on costs and traffic recovery.Company Guidance
Strong Top-Line Growth
Q4 net sales increased 9% year-over-year to $5.5 billion; comparable store sales grew 5% driven by a 6.3% increase in average ticket (traffic down 1.2%). Full-year net sales guidance for FY2026 is $20.5B–$20.7B with comps of 3%–4%.
Expanded Profitability and EPS Growth
Gross margin expanded 150 basis points year-over-year in Q4. Adjusted diluted EPS increased 21% year-over-year in Q4. Adjusted operating margin expanded 20 basis points to 12.8% and adjusted operating income dollars rose 11% year-over-year.
Record Household Growth and Customer Engagement
U.S. household penetration reached a record 102 million households, adding 6.5 million net new households in Q4, with household growth broad-based across income cohorts.
Multi-Price Expansion Driving Productivity
Multi-price represented ~16% of total sales in Q4. Company added ~2,400 in-line 3.0 multi-price stores in 2025 for a total of ~5,300 locations; converted stores show meaningfully higher sales productivity. Approximately 85% of opening price point assortment is $2 and below and >80% of assortment is unique to Dollar Tree.
Improved Inventory and Supply Chain Discipline
Inventory down 7% versus prior year while sales increased 9%, producing a favorable inventory-to-sales spread. Supply chain service levels, in-stock metrics and DC throughput improved, supporting fresher assortments and working capital efficiency.
Strong Cash Flow and Capital Return
Generated over $1.2 billion in cash from operations in the quarter and approximately $970 million in free cash flow in the quarter; full year free cash flow exceeded $1 billion. Returned significant capital to shareholders: nearly $1.6 billion in share repurchases in FY2025 (reducing shares outstanding ~8% year-over-year) and additional post-quarter repurchases.
Strategic Simplification and Structural Progress
Completed the sale of Family Dollar and simplified to a single-banner Dollar Tree. Management reports measurable progress on store standards, lower manager vacancies, reduced turnover, fewer early closes/late openings and about one-third of stores improved against internal operating standards on a net basis.
Maintained Value Proposition Despite Cost Volatility
Management navigated substantial tariff volatility using five mitigation levers (supplier negotiations, reengineering, country-of-origin shifts, assortment adjustments, targeted pricing), preserved price leadership (maintaining $1.25 leadership), and reports the relative value proposition was stronger exiting 2025 than entering the year.
Conservative but Clear FY2026 Guidance
FY2026 guidance: EPS $6.50–$6.90 (high‑teens growth), gross margin roughly flat, corporate SG&A $470M–$490M net of TSA, ~400 gross new store openings / ~75 closings, CapEx $1.1B–$1.2B, and Q1 sales guide $4.9B–$5.0B with comps 3%–4% and EPS $1.45–$1.60.
DE:DT3 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:DT3 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 16, 2026 | €96.94 | €94.89 | -2.11% |
Dec 03, 2025 | €93.27 | €96.52 | +3.48% |
Sep 04, 2025 | €87.15 | €85.59 | -1.79% |
Mar 26, 2025 | €64.46 | €64.10 | -0.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Dollar Tree (DE:DT3) report earnings?
Dollar Tree (DE:DT3) is schdueled to report earning on May 21, 2026, Before Open (Confirmed).
What is Dollar Tree (DE:DT3) earnings time?
Dollar Tree (DE:DT3) earnings time is at May 21, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Dollar Tree stock?
The P/E ratio of Dollar Tree is N/A.
What is DE:DT3 EPS forecast?
DE:DT3 EPS forecast for the fiscal quarter 2026 (Q1) is 1.35.
