Benzinga | Aug 27, 2020 07:55AM EDT

Recap: Dollar Tree Q2 Earnings

Shares of Dollar Tree (NASDAQ:DLTR) decreased 4.6% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 44.74% over the past year to $1.10, which beat the estimate of $0.92.

Revenue of $6,278,000,000 rose by 9.35% year over year, which beat the estimate of $6,220,000,000.

Guidance

Dollar Tree hasn't issued any earnings guidance for the time being.

Dollar Tree hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Aug 27, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/bmp7e82p

Recent Stock Performance

52-week high: $119.71

Company's 52-week low was at $60.20

Price action over last quarter: Up 2.68%

Company Profile

Dollar Tree operates discount stores in the U.S. and Canada, including over 7,500 shops under its namesake banner and more than 7,700 Family Dollar units. The eponymous chain features branded and private-label goods, generally at a $1 price (CAD 1.25 in Canada). Nearly 50% of Dollar Tree stores' fiscal 2019 sales came from consumables (including food, health and beauty, and household paper and cleaning products), just over 45% from variety items (including toys and housewares), and 5% from seasonal merchandise. Family Dollar features branded and private-label goods at prices generally ranging from $1 to $10, with over 77% of fiscal 2019 sales from consumables, 9% from seasonal/electronic items (including prepaid phones and toys), 8% from home products, and 6% from apparel and accessories.