Q1 26 EPS
$1.26
BEAT +4.51%
Est. $1.21
Q1 26 Revenue
$4.64B
BEAT +2.39%
Est. $4.53B
vs S&P Since Q1 26
-11.5%
TRAILING MARKET
DLTR +9.4% vs S&P +20.9%
Market Reaction
Did DLTR Beat Earnings? Q1 2026 Results
Dollar Tree delivered a clean beat to open fiscal 2025, with adjusted diluted EPS of $1.26 clearing the $1.21 consensus estimate by 4.51% and revenue of $4.64 billion topping expectations by 2.39% on 11.3% year-over-year growth. The standout driver w… Read more Dollar Tree delivered a clean beat to open fiscal 2025, with adjusted diluted EPS of $1.26 clearing the $1.21 consensus estimate by 4.51% and revenue of $4.64 billion topping expectations by 2.39% on 11.3% year-over-year growth. The standout driver was the company's accelerating rollout of its multi-price 3.0 store format, which helped fuel a 5.4% comparable sales gain built on both higher traffic and a stronger average ticket, while gross margin expanded 20 basis points to 35.6% on lower freight costs and improved mark-on. The company converted roughly 500 stores to the new format during the quarter, and analysts have noted that these locations are outperforming legacy Dollar Tree stores by a meaningful margin. Looking ahead, Dollar Tree reiterated its full-year net sales outlook of $18.50 billion to $19.10 billion and updated its adjusted EPS range to $5.15 to $5.65, though management cautioned that second-quarter adjusted EPS could fall 45% to 50% year-over-year as tariff pressures and Family Dollar separation costs weigh on near-term results before a stronger second half.
Key Takeaways
- • Same-store net sales growth of 5.4% driven by 2.5% traffic increase and 2.8% average ticket increase
- • Gross margin expansion of 20 basis points to 35.6% from lower freight, improved mark-on, and occupancy leverage
- • Conversion of approximately 500 stores to 3.0 multi-price format
- • Opening of 148 new Dollar Tree stores
- • Selling square footage growth of 7.4% year-over-year
DLTR YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
DLTR Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our strong first quarter performance underscores the progress we've made against our strategic priorities and is a clear signal that our customers are responding positively to the changes we are making.”
— Mike Creedon, Q1 2026 Earnings Press Release
DLTR Earnings Trends
DLTR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
DLTR EPS Trend
Earnings per share: estimate vs actual
DLTR Revenue Trend
Quarterly revenue: estimate vs actual
DLTR Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 FY | — | $2.56 | — | $5.45B | -0.25% |
| FY Full Year | $5.74 | $5.75 | +0.10% | $19.41B | -0.07% |
| Q3 26 BEAT | $1.08 | $1.21 | +11.80% | $4.75B | +1.23% |
| Q2 26 BEAT | $0.41 | $0.77 | +87.67% | $4.57B | +2.01% |
| Q1 26 BEAT | $1.21 | $1.26 | +4.51% | $4.64B | +2.39% |
| Q4 25 MISS FY | $2.19 | $2.11 | -3.65% | $5.00B | -57.64% |
| FY Full Year | $5.44 | $5.10 | -6.33% | $17.58B | -43.14% |