Dollar Tree Non-GAAP EPS of $1.47 misses by $0.07, revenue of $7.33B beats by $60M
Dollar Tree press release (NASDAQ:DLTR): Q1 Non-GAAP EPS of $1.47  misses by $0.07.
Revenue of $7.33B (+6.2% Y/Y)  beats by $60M.
Same-Store Sales: Dollar Tree (DLTR) +3.4%; Family Dollar +6.6%; Enterprise +4.8%.
Comparable Transaction Count: Dollar Tree +5.5%; Family Dollar +4.3%.

Q2 Outlook: The company expects consolidated net sales in the range from $7.0 billion to $7.2 billion vs. consensus of $7.15B, based on a mid-single-digit increase in same-store sales for the enterprise, and for the Dollar Tree and Family Dollar segments. Diluted EPS for the quarter is estimated to be in the range of $0.79 to $0.89.
The company tightens Fiscal 2023 sales outlook range to $30B to $30.5B vs. consensus of $30.31B.
The company expects to deliver a low- to mid-single-digit comparable store sales increase for the year, comprised of a low- to mid-single-digit increase in the Dollar Tree segment and a mid-single-digit increase in the Family Dollar segment. Selling square footage is expected to grow by 3.0% to 3.5% for the year, with new store growth back-end weighted. Diluted EPS is expected to range from $5.73 to $6.13, including an expected benefit of $0.29 contribution from the 53rd week and the $0.12 charge for the legal reserve.