Dollar Tree reported Q3 fiscal 2024 results with net sales up 3.5% to $7.56B and same-store sales growth of 1.8%. Net income rose 11.3% to $233.3M, with adjusted EPS of $1.12. The company updated its FY2024 outlook, expecting net sales of $30.7B-$30.9B and adjusted EPS of $5.31-$5.51.Dollar Tree announced CFO Jeffrey Davis will step down upon appointment of a successor, staying through the FY2024 10-K filing. The company reiterated its commitment to completing the strategic review of Family Dollar. As part of its portfolio optimization, 670 underperforming Family Dollar stores have been closed year-to-date.For Q4, Dollar Tree projects net sales of $8.1B-$8.3B and adjusted EPS of $2.10-$2.30. The company has $952M remaining under its share repurchase authorization as of November 2, 2024.

Dollar Tree reported Q3 fiscal 2024 results with net sales up 3.5% to $7.56B and same-store sales growth of 1.8%. Net income rose 11.3% to $233.3M, with adjusted EPS of $1.12. The company updated its FY2024 outlook, expecting net sales of $30.7B-$30.9B and adjusted EPS of $5.31-$5.51.Dollar Tree announced CFO Jeffrey Davis will step down upon appointment of a successor, staying through the FY2024 10-K filing. The company reiterated its commitment to completing the strategic review of Family Dollar. As part of its portfolio optimization, 670 underperforming Family Dollar stores have been closed year-to-date.For Q4, Dollar Tree projects net sales of $8.1B-$8.3B and adjusted EPS of $2.10-$2.30. The company has $952M remaining under its share repurchase authorization as of November 2, 2024.