Dollar Tree (DLTR) reported earnings on Thur 8/25/16 (b/o)

ticker:  DLTR

** charts before earnings **

 

** charts after earnings **

Dollar Tree misses by $0.01, misses on revs; guides Q3 EPS above consensus, revs in-line; raises FY16 EPS & lowers rev guidance:

• Reports Q2 (Jul) earnings of $0.72 per share, excluding non-recurring items, $0.01 worse than the Capital IQ Consensus of $0.73; revenues rose 66.0% year/year to $5 bln vs the $5.08 bln Capital IQ Consensus.
• Co issues guidance for Q3, sees diluted EPS of $0.76-0.82, vs. $0.77 Capital IQ Consensus Estimate; sees Q3 revs of $5.02-5.1 bln, vs. $5.13 bln Capital IQ Consensus Estimate.
• Co raises EPS & lowers rev guidance for FY16, sees diluted EPS of $3.67-3.82 (prior $3.58-3.80), vs. $3.79 Capital IQ Consensus Estimate; sees FY17 revs of $20.69-20.87 bln (prior $20.79-21.08 bln) vs. $20.97 bln Capital IQ Consensus Estimate. The guidance is based on a low single-digit increase in same-store sales, and 4.0% square footage growth.