Key Developments: Dollar Tree Inc (DLTR.OQ)
18 Dec 2014
Latest Key Developments (Source: Significant Developments)
Dollar Tree Inc Issues Q1, FY 2013 Guidance; FY 2013 EPS Guidance Below Analysts' Estimates; Comments On Q1, FY 2013 Comparable Store Sales Guidance
Dollar Tree Inc announced that for first quarter of 2013, it expects sales to be in the range of $1.84 billion to $1.89 billion, based on low single-digit positive comparable-store sales and 6.8% square footage growth and Diluted earnings per share (EPS) to be in the range of $0.53 to $0.58. For fiscal 2013, it expects sales to be in the range of $7.79 billion to $7.97 billion, this estimate is based on low single-digit positive comparable-store sales, and square footage growth of approximately 7.3% for the year and EPS to be in the range of $2.54 to $2.74. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $1.86 billion and EPS of $0.58 for the first quarter of 2013, revenue of $7.89 billion and EPS of $2.81 for fiscal 2013. Full Article
Dec 4 - Dollar General Corp reported a 7.8 percent rise in quarterly sales and said it remained committed to buying Family Dollar Stores Inc, which has already agreed to be acquired by Dollar Tree Inc.