Dollar Tree updates guidance at investor event
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Dollar Tree (NASDAQ:DLTR) is hosting an investor day event on Wednesday with presentations on its business segments, including growth strategies, financial objectives, multi-year outlook, and expectations of future cash available for capital allocation.
As part of the presentation, Dollar Tree (DLTR) will reaffirm its Q2 outlook for consolidated net sales of $7.0B to $7.2B and a mid-single-digit increases in same-store sales for the enterprise and for the Dollar Tree and Family Dollar segments. EPS of $0.79 to $0.89 is anticipated vs. $0.88 consensus.
Dollar Tree (DLTR) set guidance for 2023 at consolidated net Sales of $30.0B to $30.5B and a low- to mid-single digit same-store sales increase for the enterprise. EPS of $5.73 to $6.13 is expected for the full year vs. $6.07 consensus.
Looking further ahead, Dollar Tree (DLTR) expects to achieve +$10 EPS in FY26.
"Dollar Tree is on an exciting path of accelerating sales and profit. We have compelling plans in place to deliver expanded value assortment across multiple price points, enhance store standards for our customers, and add new technology and capabilities to accelerate progress with our supply chain and people development," noted CEO Rick Dreiling. 
Shares of Dollar Tree (DLTR) fell 0.85% in premarket trading.
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