Q2 26 EPS
$0.77
BEAT +87.67%
Est. $0.41
Q2 26 Revenue
$4.57B
BEAT +2.01%
Est. $4.48B
vs S&P Since Q2 26
-18.9%
TRAILING MARKET
DLTR -7.0% vs S&P +11.9%
Market Reaction
Did DLTR Beat Earnings? Q2 2026 Results
Dollar Tree delivered a blowout second quarter for fiscal 2026, posting adjusted diluted EPS of $0.77 against a consensus estimate of $0.41, a beat of 87.67%, as the newly focused discount retailer demonstrated what it can achieve without the weight … Read more Dollar Tree delivered a blowout second quarter for fiscal 2026, posting adjusted diluted EPS of $0.77 against a consensus estimate of $0.41, a beat of 87.67%, as the newly focused discount retailer demonstrated what it can achieve without the weight of Family Dollar on its books. Revenue from continuing operations reached $4.57 billion, topping the $4.48 billion consensus by 2.01%, though the reported year-over-year comparison reflects a sharp -38.1% decline tied to the divestiture of Family Dollar, which closed on July 5, 2025 for approximately $1.00 billion in proceeds. The standout driver behind the earnings beat was a roughly $0.20 per-share benefit from tariff timing on inventory mark-on, though management was candid that this tailwind is expected to reverse in Q3. Same-store net sales grew 6.5%, fueled by a 3.0% rise in customer traffic and a 3.4% improvement in average ticket. With the company now fully concentrated on the Dollar Tree banner, management raised its full-year net sales outlook to $19.30 billion to $19.50 billion and updated adjusted diluted EPS guidance to $5.32 to $5.72.
Key Takeaways
- • Same-store net sales increase of 6.5% driven by 3.0% traffic growth and 3.4% ticket improvement
- • Improved mark-on from pricing initiatives
- • Lower domestic freight costs
- • Lower occupancy costs due to sales leverage
- • Favorable product mix
- • Conversion of approximately 585 stores to 3.0 multi-price format
- • Approximately $0.20 positive EPS impact from tariff timing on inventory mark-on
DLTR YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
DLTR Revenue by Segment
With YoY comparisons, source: SEC Filings
“The strong sales growth, margin outperformance, and market share gains that Dollar Tree delivered in the second quarter against an increasingly challenging economic backdrop reinforces the unique position that Dollar Tree occupies in today's retail landscape.”
— Mike Creedon, Q2 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% |