Dollar Tree

DLTR Q3 2026 Earnings

Reported Dec 3, 2025 at 6:30 AM ET · SEC Source

Q3 26 EPS

$1.21

BEAT +11.80%

Est. $1.08

Q3 26 Revenue

$4.75B

BEAT +1.23%

Est. $4.69B

vs S&P Since Q3 26

-21.1%

TRAILING MARKET

DLTR -15.8% vs S&P +5.4%

Market Reaction

Did DLTR Beat Earnings? Q3 2026 Results

Dollar Tree delivered a notably strong third quarter for fiscal 2026, posting adjusted diluted EPS of $1.21 and beating the $1.08 consensus estimate by 11.80%, as its accelerating multi-price transformation continued to gain traction with shoppers. R… Read more Dollar Tree delivered a notably strong third quarter for fiscal 2026, posting adjusted diluted EPS of $1.21 and beating the $1.08 consensus estimate by 11.80%, as its accelerating multi-price transformation continued to gain traction with shoppers. Revenue of $4.75 billion edged past the $4.69 billion consensus by 1.23%, though it reflected a 37.2% year-over-year decline following the divestiture of the Family Dollar segment. The single clearest driver of the beat was the company's multi-price strategy, which powered a 4.2% comparable store sales increase, lifted by a 4.5% rise in average ticket, while a record Halloween season underscored growing consumer enthusiasm for the format. Gross margin expanded 40 basis points to 35.8%, aided by improved pricing mark-on and lower freight costs, even as tariff headwinds and higher store payroll weighed on operating margin. With shares recently hitting a 52-week high, management raised its full-year adjusted EPS outlook to $5.60 to $5.80 and guided Q4 revenue of $5.40 billion to $5.50 billion, projecting comparable sales growth of 4% to 6%.

Key Takeaways

  • Multi-price strategy driving strong momentum and record Halloween season
  • 4.2% same-store net sales growth driven by 4.5% increase in average ticket
  • Improved mark-on from pricing initiatives
  • Lower domestic and import freight costs
  • Favorable sales mix
  • Conversion of approximately 646 stores to Dollar Tree 3.0 multi-price format in Q3
24/7 Wall St

DLTR YoY Financials

Q3 2026 vs Q3 2025, source: SEC Filings

24/7 Wall St

DLTR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q4 26

“Our multi-price strategy drove strong momentum across our business in the third quarter and helped deliver an all-time record Halloween season. Today's Dollar Tree is a preferred destination for a wide range of shoppers – whether they rely on us for everyday essentials, appreciate a fast and easy trip, or enjoy the excitement of discovering something unexpected.”

— Mike Creedon, Q3 2026 Earnings Press Release