Dollar Tree

DLTR Q4 2025 Earnings

Reported Mar 26, 2025 at 6:32 AM ET · SEC Source

Q4 25 EPS

$2.11

MISS 3.65%

Est. $2.19

Q4 25 Revenue

$5.00B

MISS 57.64%

Est. $11.80B

vs S&P Since Q4 25

+7.5%

BEATING MARKET

DLTR +34.3% vs S&P +26.7%

Full Year 2025 Results

FY 25 EPS

$5.10

MISS 6.33%

Est. $5.44

FY 25 Revenue

$17.58B

MISS 43.14%

Est. $30.92B

Market Reaction

Did DLTR Beat Earnings? Q4 2025 Results

Dollar Tree delivered a mixed and structurally transformed fourth quarter, missing consensus estimates as the company's strategic pivot to shed its Family Dollar segment reshaped nearly every line of its income statement. Adjusted EPS from continuing… Read more Dollar Tree delivered a mixed and structurally transformed fourth quarter, missing consensus estimates as the company's strategic pivot to shed its Family Dollar segment reshaped nearly every line of its income statement. Adjusted EPS from continuing operations came in at $2.11, falling short of the $2.19 consensus by 3.65%, while revenue of $5.00 billion missed the $11.80 billion estimate by 57.64% and declined 42.1% year over year, reflecting the reclassification of Family Dollar as a discontinued operation following a definitive agreement to sell the business to Brigade Capital Management and Macellum Capital Management for $1.01 billion. On a continuing-operations basis, gross margin contracted 130 basis points to 37.6%, pressured by a $25.00 million anti-dumping duty accrual, higher shrink, and distribution costs, while $58.00 million in software impairments tied to the sale further weighed on results. Looking ahead, management guided fiscal 2025 net sales of $18.50 billion to $19.10 billion with adjusted EPS of $5.00 to $5.50, as the leaner, Dollar Tree-only business takes shape amid competitive pressure from rival discount retailers.

Key Takeaways

  • Same-store net sales increased 2.0% driven by 0.7% traffic and 1.3% average ticket growth
  • Growing customer acceptance of expanded multi-price assortment drove sales momentum
  • Approximately 2,900 Dollar Tree 3.0 multi-price format stores operational
  • Opened 525 new Dollar Tree stores during fiscal 2024
  • Gross margin contracted 130 basis points due to lost leverage from prior year extra week, lower initial mark-on, higher shrink, distribution and markdown costs
  • $25 million anti-dumping duty accrual for imported products
  • Lower freight costs partially offset gross margin pressures
24/7 Wall St

DLTR YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

DLTR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q4 26

“In the fourth quarter, our team was focused on successfully closing out the year, bringing the strategic review to a favorable conclusion, and setting Dollar Tree on a path to realize its full potential to create long-term value for our associates, customers, and shareholders. We finished 2024 on a high note with strong execution at Dollar Tree as growing customer acceptance of our expanded assortment drove sales momentum. With the sale of Family Dollar set to close later this year, we will be able to fully dedicate ourselves to Dollar Tree's long-term growth, profitability, and returns on capital.”

— Mike Creedon, Q4 2025 Earnings Press Release