Dollar Tree Inc Issues Q3 2012 Guidance Below Estimates; Narrows FY 2012 Revenue Guidance; Lowers FY 2012 EPS Guidance; Reaffirms FY 2012 Comparable Store Sales Guidance

Dollar Tree Inc announced that for third quarter of 2012, it expects sales in the range of $1.71 billion to $1.75 billion, based on low to mid single digit positive comparable store sales. Diluted earnings per share (EPS) are estimated to be in the range of $0.47 to $0.51. For fiscal 2012, it expects sales to be in the range of $7.36 billion to $7.45 billion. This estimate is based on a range of low to mid single digit positive comparable store sales. Diluted earnings per share are expected to be $2.45 to $2.54. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $1.76 billion and EPS of $0.52 for third quarter of 2012; revenue of $7.46 billion and EPS of $2.48 for fiscal 2012.