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DLTR

Dollar Tree, Inc.

DLTR

Dollar Tree, Inc. • NASDAQ
$110.81 ▲ 0.97% (+1.06)
Market Cap $23.57 B
52w High $118.06
52w Low $61.80
Dividend Yield 0%
P/E 20.67
Volume 2.14M
Outstanding Shares 212.70M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $4.57B ▼ $1.343B ▲ $155.5M ▼ 3.402% ▼ $0.91 ▼ $231M ▼
Q1-2025 $4.64B ▼ $1.269B ▼ $343.4M ▲ 7.401% ▲ $1.61 ▲ $596.9M ▲
Q4-2024 $5B ▼ $1.349B ▼ $-3.696B ▼ -73.921% ▼ $-17.18 ▼ $562.9M ▼
Q3-2024 $7.568B ▲ $2.01B ▼ $233.3M ▲ 3.083% ▲ $1.09 ▲ $589.4M ▲
Q2-2024 $7.379B $2.018B $132.4M 1.794% $0.62 $564.7M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $666.3M ▼ $13.385B ▼ $9.78B ▼ $3.605B ▼
Q1-2025 $1.007B ▼ $18.291B ▼ $14.386B ▼ $3.905B ▼
Q4-2024 $1.256B ▲ $18.644B ▼ $14.667B ▼ $3.977B ▼
Q3-2024 $697.6M ▲ $23.333B ▲ $15.697B ▲ $7.636B ▲
Q2-2024 $570.3M $22.617B $15.237B $7.38B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $218.3M ▼ $160M ▼ $-249.6M ▼ $-1.2B ▼ $-250.1M ▼ $-85M ▼
Q1-2025 $313.5M ▼ $479.2M ▼ $-244.3M ▲ $-435.6M ▼ $-249.1M ▼ $230.3M ▼
Q4-2024 $376.7M ▲ $1.074B ▲ $-336.3M ▲ $1.6M ▲ $738.5M ▲ $1.178B ▲
Q3-2024 $233.3M ▲ $785.6M ▲ $-409.1M ▲ $-248M ▼ $128.3M ▲ $359.2M ▲
Q2-2024 $132.4M $306.9M $-477M $122.9M $-47.3M $-195.9M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Dollar Tree
Dollar Tree
 $4.34Bn ▲$5.00Bn ▲$4.64Bn ▼$4.57Bn ▼
Family Dollar
Family Dollar
 $3.22Bn ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Dollar Tree’s core business appears solid, but the reported profits tell a choppy story. Sales dipped after a prior peak and have been rebuilding, helped by higher price points and broader assortments. Operating profits have stayed positive, suggesting the stores themselves still generate value. However, the last two years show headline losses, likely driven more by write‑downs, restructuring, and the Family Dollar exit than by a collapse in day‑to‑day performance. In plain terms: the shops are making money, but accounting charges and transformation costs are dragging the bottom line into the red, making recent earnings less representative of underlying operations.

Balance Sheet

Balance Sheet The balance sheet shows a company that has slimmed down and taken some hits to its net worth. Total assets have shrunk as the business has written down or sold parts of its portfolio, especially around the Family Dollar divestiture. Debt has been trimmed but is still sizable, and shareholder equity has fallen sharply, which means leverage has gone up. Cash on hand has recovered from a low point and now looks more comfortable, but not abundant. Overall, the company is financially stable but running with less balance‑sheet cushion and more dependence on steady cash generation than in prior years.

Cash Flow

Cash Flow Cash flow is a relative bright spot. Even while reported earnings turned negative, the business continued to pull in healthy cash from operations. That cash has been strong enough to cover investment in new stores, remodels, and technology, leaving positive free cash flow in recent years. Capital spending spiked during the heavy investment phase and is now easing, which supports stronger free cash flow going forward. In simple terms, the cash coming in from customers looks more resilient than the accounting profit figures, giving the company some flexibility to fund its transformation and manage debt.

Competitive Edge

Competitive Edge Dollar Tree sits in a structurally attractive niche: value‑focused retail for budget‑conscious shoppers. Its brand is well known, the value message is clear, and the huge store base gives it convenience and scale advantages. The “treasure‑hunt” feel and constant product rotation help drive repeat visits. At the same time, competition is intense—from other dollar stores, big‑box retailers, and even grocery chains pushing value formats. The move to multi‑price points broadens what Dollar Tree can sell and may improve economics, but it also risks confusing or alienating shoppers who loved the simplicity of a single price. With Family Dollar gone, the company loses some scale and diversity but gains a cleaner, more focused brand story. Overall, it likely retains a modest edge, but not an unassailable one, and execution now matters more than ever.

Innovation and R&D

Innovation and R&D Dollar Tree is leaning heavily on technology and format innovation rather than traditional “lab” R&D. It is rolling out a multi‑price store model that allows higher‑priced and larger items, more national brands, and expanded frozen and refrigerated offerings. Behind the scenes, it is using data analytics and artificial intelligence to refine product assortments, manage inventory, and run staffing more efficiently. Self‑checkout, contactless payments, and an upgraded website and app are meant to modernize the customer experience. Supply chain investments, including more advanced distribution centers, support a wider range of products. These moves aim to lift sales per store and profitability, but they require tight execution: misjudging price points, assortments, or store layouts could blunt the expected benefits.

Summary

Dollar Tree is in the middle of a major strategic reset. Financially, its stores continue to generate healthy cash, but large charges and restructuring related to the portfolio change and Family Dollar exit weigh on reported earnings and equity. The balance sheet now carries less asset backing and a relatively high debt load, which increases the importance of consistent cash flows. On the strategic side, the company is shifting from a simple, single‑price model to a more flexible, technology‑driven, multi‑price format, while doubling down on the core Dollar Tree brand. This opens the door to broader product offerings and potentially better margins, but also raises execution and brand‑perception risks in a fiercely competitive discount retail landscape. The next few years will largely be about proving that this transformation can translate into steadier profitability without diluting the retailer’s core value promise.

NEWS

November 19, 2025 · 6:30 AM UTC

Dollar Tree, Inc. to Host Third Quarter Earnings Conference Call

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October 15, 2025 · 6:30 AM UTC

Dollar Tree to Outline Operational and Financial Outlook at 2025 Investor Day

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October 14, 2025 · 10:00 AM UTC

Dollar Tree Selects Legion WFM to Transform Labor Operations, Enhance Associate Experience

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October 3, 2025 · 8:00 AM UTC

Dollar Tree Announces New Distribution Center in Litchfield Park, Arizona

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September 24, 2025 · 4:15 PM UTC

Dollar Tree to Rebuild Marietta Distribution Center Stronger Than Ever

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