Dollar Tree GAAP EPS of $1.60 in-line, revenue of $6.77B misses by $30M
Dollar Tree press release (NASDAQ:DLTR): Q2 GAAP EPS of $1.60 in-line.
Revenue of $6.77B (+6.8% Y/Y)  misses by $30M.
Shares +0.7% PM.
Enterprise same-store sales increased 4.9% on a constant currency basis. Comparable store net sales for Dollar Tree increased 7.5%. Family Dollar same-store sales increased 2.0%.

During the quarter, the Company opened 127 new stores, expanded or relocated 29 stores, and closed 57 stores.
The company estimates consolidated net sales for the third quarter of 2022 will range from $6.775 to $6.87B vs. consensus of $6.88B; Diluted earnings per share for the quarter are estimated to be in the range of $1.05 to $1.20 vs. consensus of $1.78.
Consolidated net sales for the year are now expected to range from $27.85B to $28.10B vs, consensus of $28.11B; Diluted earnings per share to range from $7.10 to $7.40 vs. consensus of $8.19.