Dollar Tree, Inc. will report its financial results for the second quarter of 2025, which ended on August 2, 2025, before the stock market opens on September 3, 2025. The company will host a conference call at 8 a.m. Eastern Time on the same day for investors and analysts to discuss these results.
CEO Mike Creedon and CFO Stewart Glendinning will lead the discussion during the conference call, which will include a question-and-answer session. This event may provide insights into the company's financial performance and future outlook, which could be relevant for investors.
linkAug 14, 2025 16:19:56
Dollar Tree, Inc. has received approval from its Board of Directors for a share repurchase authorization totaling $2.5 billion, which replenishes a previous authorization from September 2021. As of the end of the fiscal 2025 first quarter, approximately $0.45 billion remained from the prior repurchase program, and this new authorization includes those remaining amounts.
The share repurchase program allows Dollar Tree to buy back its Common Stock in the open market or through private transactions, with no expiration date on the authorization. The company's CEO, Michael C. Creedon, Jr., emphasized the commitment to returning excess cash to shareholders while also investing in the growth of the Dollar Tree platform.
linkJul 09, 2025 17:17:32
Dollar Tree, Inc. has finalized the sale of its subsidiary, Family Dollar Stores, LLC, to 1959 Holdings, LLC for a total base purchase price of $1,007.5 million in cash. The net proceeds from this transaction are estimated to be approximately $800 million, which includes $665 million received at closing and an additional $135 million from cash monetization prior to closing. These amounts are subject to adjustments and the final figures will be determined about 90 days after the closing date.
Following the sale, Dollar Tree's total assets decreased by approximately $4.04 billion, while total liabilities decreased by about $4.03 billion, resulting in a slight decrease in shareholders’ equity. The company's income from continuing operations for the 13 weeks ended May 3, 2025, is projected to rise by about $23.6 million, leading to an increase in basic and diluted earnings per share from continuing operations to $1.58. For the year ended February 1, 2025, income from continuing operations is expected to increase by approximately $108.7 million, raising basic earnings per share to $5.34 and diluted earnings per share to $5.33.
linkJul 07, 2025 13:21:03
Dollar Tree, Inc. has finalized the sale of its Family Dollar business to Brigade Capital Management and Macellum Capital Management for a total base price of $1,007.5 million in cash, with net proceeds expected to be around $800 million. This includes $665 million received at closing and an additional $135 million from cash monetization prior to closing. The company anticipates tax benefits from the sale amounting to approximately $375 million, subject to adjustments in the following months.
Following the sale, Dollar Tree plans to focus on its core business and pursue growth through various initiatives, including expanding its product assortment and store openings. The company operates over 9,000 stores across North America and aims to enhance its market position as a value retailer. A Transition Services Agreement will be implemented, under which Dollar Tree will be reimbursed for certain costs related to the transition, potentially leading to a reduction in selling, general, and administrative expenses.
linkJul 07, 2025 12:15:14
Dollar Tree, Inc. announced its financial results for the first quarter of fiscal 2025, reporting net sales of $4.6 billion, an increase of 11.3% compared to the same period last year. Same-store net sales grew by 5.4%, driven by a 2.5% increase in customer traffic and a 2.8% rise in average transaction value. The company reported diluted earnings per share from continuing operations of $1.47, which is a 19.5% increase year-over-year. Additionally, Dollar Tree completed over $500 million in share repurchases year-to-date and reiterated its full-year net sales outlook of $18.5 to $19.1 billion while updating the adjusted EPS outlook to a range of $5.15 to $5.65 due to share repurchases.
The company also provided updates on its operational changes, including the opening of 148 new Dollar Tree stores and the conversion of approximately 500 stores to a multi-price format. Dollar Tree is on track to complete the sale of its Family Dollar segment in the second quarter of fiscal 2025, with an expected net proceed of around $800 million. The company highlighted its strong cash position, with approximately $1 billion in cash and cash equivalents and no outstanding borrowings under its credit facilities.
linkJun 04, 2025 06:31:30
Dollar Tree, Inc. will release its financial results for the first quarter of 2025, which ended on May 3, 2025, before the stock market opens on June 4, 2025. Following the announcement, a conference call will be held at 8 a.m. EDT, where CEO Mike Creedon and CFO Stewart Glendinning will discuss the results and answer questions from investors and analysts.
Interested parties can join the call by dialing (877) 407-3943 or (201) 689-8855 at least 10 minutes prior to the start time. The call will also be available via webcast on the company’s investor relations website. A recorded version of the call will be accessible approximately three hours after its conclusion and will remain available for seven days.
linkMay 21, 2025 06:21:12
Dollar Tree, Inc. has entered into two new credit agreements, providing a total of $2.5 billion in revolving credit facilities. The New Revolving Credit Facility amounts to $1.5 billion with a maturity date of March 21, 2030, while the 364-Day Revolving Credit Facility is for $1 billion, maturing on March 20, 2026. Both facilities allow for voluntary repayment without penalties and include provisions for letters of credit, as well as interest rates linked to the Adjusted Term SOFR Rate plus 1.125%. The agreements also include various covenants that restrict the company's ability to incur additional debt or sell significant assets, among other limitations.
On the negative side, the company terminated its existing credit agreement as part of this transition, which may indicate a shift in its financial strategy. The new agreements impose restrictions on subsidiary indebtedness, liens, and asset sales, which could limit operational flexibility. Additionally, the presence of maximum leverage and minimum fixed charge coverage ratio covenants suggests a focus on maintaining financial stability, which may impact future investment decisions.
linkMar 27, 2025 16:15:40
Dollar Tree, Inc. reported a 0.7% increase in net sales for the fourth quarter, reaching $5.0 billion, with same-store sales up 2.0%. The company announced the sale of Family Dollar for $1.007 billion, expected to close in about 90 days, which will allow Dollar Tree to focus on its growth. The company opened 33 new Dollar Tree stores during the quarter and generated $2.2 billion in net cash from operating activities.
However, Dollar Tree reported a diluted loss per share of $17.17, with earnings per share from continuing operations at $1.86, reflecting a 23.8% decrease. Operating income dropped 26.5% to $534 million, while selling, general, and administrative expenses increased to 27.0% of total revenue, largely due to software impairments and higher operational costs. The company's gross profit also declined by 2.8% to $1.9 billion, and its gross margin contracted by 130 basis points.
linkMar 26, 2025 06:32:08
Dollar Tree has appointed Stewart Glendinning as the new Chief Financial Officer, effective March 30, 2025. Glendinning joined the company earlier this year and has been involved in enterprise-wide transformation initiatives, particularly focusing on the Family Dollar business. He will succeed Jeff Davis, who will assist during the transition period. The announcement was made by CEO Mike Creedon, who expressed confidence in Glendinning's leadership capabilities and experience in driving financial excellence.
The company also announced the date for its fourth quarter earnings conference call, scheduled for March 26, 2025, before the market opens. This call will provide financial results for the period ending February 1, 2025. Dollar Tree operates 16,590 stores across the U.S. and Canada, under the brands Dollar Tree and Family Dollar. The press release included a note regarding forward-looking statements, emphasizing the uncertainties surrounding future business developments.
linkMar 05, 2025 06:31:10
Dollar Tree, Inc. has appointed William W. Douglas, III and Timothy Johnson to its Board of Directors, alongside CEO Michael C. Creedon, Jr. These appointments are expected to enhance the company's leadership, as both Douglas and Johnson bring extensive retail and financial experience. CEO Mike Creedon expressed optimism about their contributions to the company's growth strategy in value retailing.
The press release highlights that Douglas has a 30-year background with Coca-Cola, while Johnson has over 30 years of retail experience, including his recent role at Victoria’s Secret & Co. The announcement comes as Creedon, who became CEO in December 2024, aims to strengthen the board's skill set to support Dollar Tree's operations, which include 16,590 stores across North America.
linkFeb 28, 2025 08:00:55