Dollar Tree, Inc. has reported its financial results for the fourth quarter ended February 1, 2025. The press release highlights several key metrics and changes compared to the same period in fiscal 2023.
In the fourth quarter of 2024, Dollar Tree's net sales were reported at $5.0 billion, marking a 0.7% increase compared to the same period in fiscal 2023. Same-store net sales for Dollar Tree grew by 2.0% during this period.
The operating income for Dollar Tree in the fourth quarter of 2024 was $534 million, reflecting a decrease of 26.5% from the same period in fiscal 2023. Similarly, the diluted earnings per share (EPS) for this quarter was reported at $1.86, showing a 23.8% decrease from the same period in fiscal 2023.
On an adjusted basis, the adjusted operating income for Dollar Tree in the fourth quarter of 2024 was $628 million, representing a 15.2% decrease from the same period in fiscal 2023. The adjusted diluted EPS for this period was reported at $2.11, reflecting a 15.3% decrease from the same period in fiscal 2023.
For the full year ended February 1, 2025, Dollar Tree reported net sales of $17.6 billion, indicating a 4.7% increase from the prior 53 weeks ended February 3, 2024. Additionally, Dollar Tree's same-store sales increased by 1.8% during this period.
The gross profit for Dollar Tree in the full year ended February 1, 2025, increased to $6.3 billion, a 4.5% increase from the prior 53 weeks ended February 3, 2024.
Operating income for Dollar Tree in the full year ended February 1, 2025, was $1.5 billion, marking a 17.6% decrease from the prior 53 weeks ended February 3, 2024. The diluted EPS for this period was reported at $4.83, reflecting a decrease compared to the same period in fiscal 2023.
In addition, Dollar Tree repurchased 3.3 million shares for $403.6 million, including applicable excise tax.
Looking ahead, Dollar Tree provided its outlook for fiscal 2025, expecting its net sales from continuing operations to range from $18.5 billion to $19.1 billion, with anticipated adjusted diluted EPS from continuing operations to range from $5.00 to $5.50.
The company also offered its outlook for the first quarter of 2025, expecting net sales from continuing operations to range from $4.5 billion to $4.6 billion, with estimated adjusted diluted EPS for the first quarter of 2025 to be in the range of $1.10 to $1.25.
As a result of these announcements, the company's shares have moved 3.9% on the market, and are now trading at a price of $69.75. Check out the company's full 8-K submission here.
