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Dollar Tree Sees FY22 EPS In Lower Half Of Previous Outlook; Increases Sales Guidance

Dollar Tree, Inc. (DLTR) said, for fiscal 2022, the company now expects earnings per share to be in the lower half of the company's previously provided outlook range of $7.10 to $7.40. Consolidated net sales are now projected to range from $28.14 billion to $28.28 billion, revised from the previous outlook range of $27.85 billion to $28.10 billion. The company expects to deliver a mid-single-digit comparable store sales increase for the year, comprised of a high single-digit increase in the Dollar Tree segment and a low-single-digit increase in the Family Dollar segment.

Analysts polled by Thomson Reuters expect the company to report profit per share of $7.32 on revenue of $28.08 billion. Analysts' estimates typically exclude special items.

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by RTTNews Staff Writer

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