=Dollar Tree (DLTR) reported earnings on Thur 29 Nov 2018 (b/o)

ticker:  DLTR

Dollar Tree beats by $0.04, reports revs in-line; guides Q4 EPS below consensus, revs below consensus

• Reports Q3 (Oct) earnings of $1.18 per share, $0.04 better than the S&P Capital IQ Consensus of $1.14; revenues rose 4.2% year/year to $5.54 bln vs the $5.55 bln S&P Capital IQ Consensus.
• Same-store sales for the Dollar Tree banner increased 2.3% on a constant currency basis (or 2.2% when adjusted to include the impact of Canadian currency fluctuations). Same-store sales for the Family Dollar banner decreased by 0.4%.
• Co issues downside guidance for Q4, sees EPS of $1.86-1.95, excluding non-recurring items, vs. $2.01 S&P Capital IQ Consensus; sees Q4 revs of $6.10-6.21 bln vs. $6.23 bln S&P Capital IQ Consensus. Co sees low single-digit increase in same-store sales for the combined enterprise in Q4.