Dollar Tree (DLTR) reported earnings on Thur 25 May 2017 (b/o)

ticker:  DLTR

** charts before earnings **

** after earnings **

** 3 weeks later **

Dollar Tree misses by $0.02, reports revs in-line; guides Q2 EPS below consensus, revs in-line; guides FY18 EPS below consensus, revs in-line:

• Reports Q1 (Apr) earnings of $0.98 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus of $1.00; revenues rose 4.0% year/year to $5.29 bln vs the $5.29 bln Capital IQ Consensus.
  • Enterprise same-store sales increased 0.5%. The same-store sales growth was driven by increases in average ticket and comparable transaction count. Same-store sales for the Dollar Tree banner increased 2.5%. Same-store sales for the Family Dollar banner decreased 1.2%.
• Co issues guidance for Q2, sees EPS of $0.80-0.88, excluding non-recurring items, vs. $0.90 Capital IQ Consensus Estimate; sees Q2 revs of $5.18-5.28 bln vs. $5.24 bln Capital IQ Consensus Estimate.
  • Slightly positive to low single digit comp store sales increase.
• Co issues guidance for FY18, sees EPS of $4.17-4.43 vs. $4.49 Capital IQ Consensus Estimate; sees FY18 revs of $21.95-22.95 bln (Prior $21.94-22.33 bln)vs. $22.12 bln Capital IQ Consensus Estimate.
  • This estimate is based on a slightly positive to low single-digit increase in same-store sales and 3.9% square footage growth.