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Dollar Tree Inc (DLTR.OQ)

DLTR.OQ on NASDAQ Stock Exchange Global Select Market

74.92USD
24 Mar 2017
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$0.54 (+0.73%)
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Latest Key Developments (Source: Significant Developments)

Dollar Tree - "We are going to watch everyone this year as we go into price checks ...we will react accordingly"
Wednesday, 1 Mar 2017 10:06am EST 

Dollar Tree Inc : At conf call - operate 226 stores in canada and believe we have an opportunity for 1000 stores over time . Q4 top-performing categories for Dollar Tree include candy, seasonal, party supplies , snacks and beverages, toys and household products . Q4 top-performing categories for Family Dollar included electronics, snacks and beverage, candy, men's apparel and cough and cold supplies . 2017 real estate plans include 650 new stores- 350 Dollar Tree and 300 Family Dollar stores. . Planning for capital expenditures of $760 million-$780 million, will be focused on new stores and remodels . Forecast does not include share repurchases for 2017 . CEO- "we, like most other retailers, feel that the border tax would result in a significant burden to the consumer, both through reduced choices and higher prices" . CEO- "working with the NRF , Retail Industry Leaders Association and the Americans For Affordable Products group to express our concerns" . On rivals investing in price- "we are going to watch everyone this year as we go into price checks and see what they are doing across the shelves and we will react accordingly, but to some degree, it's not new news" . "we are going to be mindful of where a Walmart is (on pricing) and certainly anybody in our sector , but we have more than one tool to go to to show customers value in our store" Further company coverage: [DLTR.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Dollar Tree CEO on conf call- Believe we will surpass expected synergies target of $300 mln
Tuesday, 22 Nov 2016 01:15pm EST 

Dollar Tree Inc : CEO on conf call- believe we will ultimately surpass expected synergies target of $300 million in run rate by end of first 3 years with family dollar . CEO - top-performing categories for dollar tree include snacks and beverages, household products, seasonal, toys and party supplies . CEO - sales in discretionary categories outpaced sales in consumables for Q3 . Dollar Tree CEO - "customers shopping our stores more often and we continue to attract new customers every day. And when customers are in the store, they are buying more" . Dollar Tree - Family Dollar banner had low single-digit negative same-store sales in Q3; August was slightly positive . Dollar Tree - completed national rollout of smart coupons in Q3, already have over 1 million customers signed up . CEO- "consumers looking for value no matter what the state of the economy" . Will continue to experience a higher-than-normal degree of cannibalization to Dollar Tree comps as part of re-bannering Further company coverage: [DLTR.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Dollar Tree posts Q3 earnings per share of $0.72
Tuesday, 22 Nov 2016 07:31am EST 

Dollar Tree Inc : Dollar Tree Inc reports results for the third quarter fiscal 2016 . Says Q3 operating performance was near top end of Q3 EPS guidance range of $0.76 to $0.82​ . Sees FY 2016 earnings per share $3.67 to $3.76 . Q3 earnings per share $0.72 . Sees Q4 2016 sales $5.59 billion to $5.69 billion . Sees FY 2016 sales $20.67 billion to $20.77 billion . Q3 sales $5.0 billion versus I/B/E/S view $5.07 billion . Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S . Sees Q4 2016 earnings per share $1.24 to $1.33 . Qtrly same-store sales increased 1.7 pct . Sees low single-digit increases in same-store sales for dollar tree and family dollar segments in Q4 . FY earnings per share view $3.79, revenue view $20.86 billion -- Thomson Reuters I/B/E/S . Q4 earnings per share view $1.29, revenue view $5.62 billion -- Thomson Reuters I/B/E/S .Qtrly operating performance of $0.81 per diluted share.  Full Article

Dollar Tree enters into amendment no. 3 to credit agreement
Wednesday, 31 Aug 2016 05:02pm EDT 

Dollar Tree Inc : On August 30, 2016, entered into amendment no. 3 to credit agreement . Third amendment reduced applicable interest rate margin with respect to company's term loan a facility - SEC filing .Total amount borrowed under amended credit agreement is unchanged from total amount borrowed under existing credit agreement.  Full Article

Dollar Tree CFO- "Consumer still seeing a lot of pressure on costs increase with rent and food and health care and taxes"
Thursday, 25 Aug 2016 10:06am EDT 

Dollar Tree Inc : On conf call- merchandise margin increased in q2 . On conf call- opened a total of 99 new Dollar Tree stores in Q2 . New and newly re-bannered stores increased cannibalization of comparable sales in Q2, expect this to be a headwind through remainder of year . Currently reviewing opportunities to refinance our current debt structure given market conditions in the capital markets . Ceo- "our SNAP or food stamp penetration is fairly small to begin with, especially in the Dollar Tree segment so it's less than 5%" . Certainly our customers at Family Dollar are still under pressure from snap cuts . "I can't tell you (competition) is an issue anymore for us than it usually is" . Cfo- " consumer still seeing a lot of pressure on costs increase with rent and food and health care and taxes" Further company coverage: [DLTR.O] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Dollar Tree Q2 EPS $0.72
Thursday, 25 Aug 2016 07:24am EDT 

Dollar Tree Inc : Dollar tree, Inc reports results for the second quarter fiscal 2016 . Sees FY 2016 earnings per share $3.67 to $3.82 . Sees q3 2016 sales $5.02 billion to $5.1 billion . Sees FY 2016 sales $20.69 billion to $20.87 billion . Q2 sales $5.0 billion versus I/B/E/S view $5.09 billion . Sees q3 2016 earnings per share $0.76 to $0.82 . Q2 earnings per share $0.72 . Q2 earnings per share view $0.73 -- Thomson Reuters I/B/E/S . Sees low single-digit increase in same-store sales in q3 . Full-Year 2016 sales outlook is based on a low single-digit increase in same-store sales . Q3 earnings per share view $0.76, revenue view $5.13 billion -- Thomson Reuters I/B/E/S . FY earnings per share view $3.79, revenue view $20.97 billion -- Thomson Reuters I/B/E/S .Q2 same store sales rose 1.2 percent, on a constant-currency basis.  Full Article

Dollar Tree to eliminate 370 positions amid merger integration
Thursday, 4 Aug 2016 05:00pm EDT 

Dollar Tree Inc : Shared back-office functions created to leverage costs across both banners . "plan to keep our customer-facing organizations separate and focused on individual banners" . Dollar tree announces corporate restructuring related to merger integration . Company will eliminate 370 positions, including 100 vacant positions, at its family dollar store support center in Matthews, NC . Company expects to incur pre-tax expense of approximately $6 million during fiscal 2016 related to restructuring . Says expects to incur pre-tax expense of approximately $6 million during fiscal 2016 . Store operations and merchandising functions will remain largely unchanged .Believes it is well positioned to achieve $300 million in combined run rate annual synergies by end of 3rd year following July 2015 acquisition.  Full Article

Dollar Tree CEO on conf call- "In all retail cycles consumers are looking for value"
Thursday, 26 May 2016 10:01am EDT 

Dollar Tree Inc : On conf call- top-performing categories included household products, food, snacks and beverage and party supplies . On conf call- same-store sales growth was strongest in the Mid Atlantic followed closely by the midwest and the northeast . On conf call- primary contributor to year-over-year increase in inventory levels relates to west coast port disruptions a year ago . On conf call- believe current inventory levels appropriate to support scheduled new store openings and q2 sales initiatives . On conf call- inventory per selling square foot increased 7.2% at Q1 quarter end . On conf call- have budgeted lower diesel fuel and import freight costs than a year ago in outlook . Ceo on conf call- "in all retail cycles consumers are looking for value no matter what the state of the economy" . Exec on conf call- "when times are tough we'll sell more consumer goods when times improve we sell a little more discretionary" . Exec on conf call- in Q1 sold a little more discretionary product because of the impact of easter . Exec on conf call- our discretionary business has been a very bright spot for us, outpacing our consumables this quarter Further company coverage: [DLTR.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Dollar Tree posts Q1 earnings per share $0.98
Thursday, 26 May 2016 07:30am EDT 

Dollar Tree Inc : Dollar tree, inc. Reports results for the first quarter fiscal 2016 . Q1 earnings per share $0.98 . Q1 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Sees low single-digit increase in same-store sales for Q2 . Sees low single-digit increase in same-store sales for FY . Q1 same store sales rose 2.3 percent . Q2 earnings per share view $0.75, revenue view $5.09 billion -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $3.58 to $3.80 . Sees Q2 2016 sales $5.03 billion to $5.12 billion . Sees FY 2016 sales $20.79 billion to $21.08 billion . Q1 sales $5.09 billion versus I/B/E/S view $5.1 billion .Sees Q2 2016 earnings per share $0.66 to $0.72.  Full Article

Dollar Tree, Inc announces departure of CEO
Friday, 8 Jan 2016 07:30am EST 

Dollar Tree, Inc:Announces departure of howard r. levine, CEO of family Dollar.Says gary philbin continues to lead family Dollar as president & chief operating officer.  Full Article

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BRIEF-Dollar Tree - "We are going to watch everyone this year as we go into price checks ...we will react accordingly"

* At conf call - operate 226 stores in canada and believe we have an opportunity for 1000 stores over time