Dollar Tree (DLTR) reported earnings Thur 26 May 2016 (b/o)

ticker:  DLTR

** charts before earnings **

 

** charts after earnings **

 

** 2 months later  **

Dollar Tree beats by $0.08, reports revs in-line; guides Q2 EPS below consensus, revs in-line; raises FY17 EPS in-line, narrows revs in-line :

• Reports Q1 (Apr) earnings of $0.89 per share, $0.08 better than the Capital IQ Consensus of $0.81; revenues rose 133.6% year/year to $5.09 bln vs the $5.09 bln Capital IQ Consensus. The $2.91 billion increase included $2.70 billion in sales from Family Dollar stores, sales from new Dollar Tree stores, and a 2.3% same-store sales increase, on a constant currency basis. Same-store sales, on a constant currency basis, increased 3.4% in the prior-year period. Adjusted for the impact of Canadian currency fluctuations, the same-store sales increase was 2.2%. The positive same-store sales were driven by increases in both customer transactions and average ticket. Guidance was for low single digit comps.
• Co issues guidance for Q2, sees EPS of $0.66-0.72 vs. $0.76 Capital IQ Consensus Estimate; sees Q2 revs of $5.03-5.12 bln vs. $5.08 bln Capital IQ Consensus; low single digit comps.
• Co issues in-line guidance for FY17, raises EPS to $3.58-3.80 from $3.35-3.65 vs. $3.67 Capital IQ Consensus Estimate; narrows FY17 revs to $20.79-21.08 bln from $20.76-21.11 bln vs. $20.97 bln Capital IQ Consensus; low single digit comps.