Dollar Tree

Azione

ISIN: US2567461080

Ticker: DLTR

US2567461080

DLTR

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Discussione su DLTR

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Aktien Stammtisch

@Aktien_Stammtisch

1G·

Dollar Tree Q1 Earnings Highlights

$DLTR (+8,6%)

🔹 Adj. EPS: $1.26 (Est. $1.21) 🟢; +2.4% YoY

🔹 Revenue: $4.6B (Est. $4.72B) 🔴; +11.3% YoY

FY Guidance

🔹 Revenue: $18.5B–$19.1B (Est. $18.95B) 🟡

🔹 Adj. EPS: $5.15–$5.65 (Est. $5.21) 🟢

FY Guidance:

🔸 Same-store sales expected to grow 3%–5%

🔸 Assumes existing tariff levels remain unchanged

🔸 FY EPS will reflect full-year SG&A costs of Family Dollar support, but reimbursement will only be for H2 → ~$0.30–$0.35 drag on FY EPS

🔸 Second quarter EPS expected to be down 45–50% YoY due to timing of inputs, before re-acceleration in H2

Q1 Same-Store Sales (Dollar Tree Segment)

🔹 Same-Store Net Sales Growth: +5.4%

🔹 Traffic: +2.5%

🔹 Average Ticket: +2.8%

Other Key Metrics:

🔹 Adj Operating Income: $388M; +1.4% YoY

🔹 Gross Margin: 35.6%; +20bps YoY

🔹 Adj Operating Margin: 8.4%; -80bps YoY

🔹 Effective Tax Rate: 25.9% (vs. 24.6%)

🔹 Adjusted Effective Tax Rate: 26.1% (vs. 24.6%)

Strategic/Operational Metrics

🔹 New Stores Opened: 148

🔹 Stores Converted to Multi-Price Format: ~500

🔹 Operating Cash Flow (Continuing Ops): $379M

🔹 Free Cash Flow (Continuing Ops): $130M

🔹 Share Repurchases: $436.8M (5.9M shares); Additional $67.5M post quarter-end

🔹 Remaining Repurchase Authorization: $519.7M

🔹 Cash & Equivalents: $1.0B

🔹 No borrowings under revolvers or commercial paper at quarter-end

Family Dollar Sale (Discontinued Ops)

🔹 Agreed Sale Price: $1.007B

🔹 Expected Net Proceeds: ~$800M

🔹 Estimated Tax Benefit: ~$350M

🔹 Antitrust Approval: Received

🔹 Expected Close: Q2 FY2025

Management Commentary

🔸 CEO Mike Creedon:

"Our strong first quarter performance underscores the progress we’ve made against our strategic priorities... we see a meaningful opportunity to further elevate the value, convenience, and discovery that our customers depend on Dollar Tree to provide."

Aktien Stammtisch

@Aktien_Stammtisch

2Mes·

Dollar Tree Q4'24 Earnings & Strategic Update

$DLTR (+8,6%)

🔹 Adj. EPS: $2.29 ($0.18 from discontinued ops)

🔹 Rev (Cont. Ops): $5.0B (Est. $8B) 🔴 (+0.7% YoY)

🔹 Same-Store Sales (Dollar Tree): +2.0% (Traffic +0.7%, Ticket +1.3%)

FY25 Outlook (Continuing Operations Only)

🔹 Net Sales: $18.5B – $19.1B

🔹 Adj. EPS: $5.00 – $5.50 (Est. $5.96) 😕

🔹 Includes a $0.30–$0.35 headwind from Family Dollar TSA timing

Q1 Guidance:

🔹 Revenue: $4.5B – $4.6B

🔹 Adj. EPS: $1.10 – $1.25 (Est. $1.46) 😕

Strategic Update:

🔹 Family Dollar Sold to Brigade Capital & Macellum Capital for $1.007B

🔹 Net proceeds estimated at $804M, with ~$350M in tax benefits from losses

🔹 Spin-off to close by Q2 FY25, Family Dollar to remain in Chesapeake, VA

🔹 Reported as discontinued operations effective Q4 FY24

Q4 Segment Metrics

🔹 Gross Profit: $1.9B (↓2.8% YoY); Margin: 37.6% (↓130bps)

🔹 Operating Income: $534M (↓26.5%); Adj. Op Income: $628M (↓15.2%)

🔹 Adj. Op Margin: 12.6% (↓230bps)

🔹 SG&A: 27.0% of revenue (↑260bps); adj SG&A: 25.1%

🔹 Adj. Effective Tax Rate: 24.8% (vs. 23.8% YoY)

Capital Allocation & Liquidity

🔹 Repurchased 3.3M shares for $403.6M in FY24

🔹 Cash & equivalents: $1.3B

🔹 No revolver borrowings or commercial paper outstanding

🔹 New $1.5B Revolver + $1.0B 364-Day Facility secured in March 2025

Management Commentary

“We finished 2024 on a high note with strong execution at Dollar Tree… With the sale of Family Dollar, we can fully dedicate ourselves to Dollar Tree’s long-term growth, profitability, and returns on capital.”

PurpleFacts

@PurpleFacts

4Mes·

Trading Update - Non-food discounters

Here is the share price performance of the companies I track continuously. I focus on the period from 01.12.2024 - 15.01.2025

3i Group $III (+0,2%) -0,64%
TJX Companies $TJX (-0,73%) -5,61%
Dollar Tree $DLTR (+8,6%) -3,39%
Dollar General $DG (+1,9%) -11,85%
Five Below $FIVE (+2%) -4,68%
Dollarama $DOL (-0,07%) -8,75%
Pepco Group $PCO (-0,47%) -4,43%

My portfolio currently contains shares in 3iGroup.

Action published its latest figures in November, which underline its strong growth in Europe. Action has achieved achieved net sales of 10.733 billion eurosaccompanied by an operating EBITDA of 1.532 billion euros - an impressive increase of 26 %. increase of 26 % compared to the previous year. What particularly impresses me is the like-for-like growth of 10.1%, driven entirely by volume increases. In a rising cost of living environment, Action shows how effective a strategy that passes on discounts directly to customers can be. Despite industry-wide price increases, Action remains a model of efficiency. In the first nine reporting periods of the year, 189 new stores were opened and 350 new stores were planned for the full year 2024. I assume that this target has been achieved. I find the rapid expansion in Italy, Portugal, Slovakia and Spain particularly exciting.

Basically, it can be said that US stocks (e.g. Dollar Tree and Dollar General) recorded high losses in 2024. Among other things, this was due to a lack of efficiency, but also to the threat of Trump's punitive tariffs on goods from China. Therefore, another exciting candidate for me is Dollarama, as they operate exclusively in Canada and Latin America.

2 Commenti

Investopai@Investopai

4Mes

3i Group also on the watchlist 👍
In addition: Ahold Delhaize $AD, tokmanni $TOKMAN, wesfarmers, target, Empire co , Kroger ,

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Aktien Stammtisch

@Aktien_Stammtisch

6Mes·

$DLTR (+8,6%) | Dollar Tree Q3 Earnings Highlights:

🔹 Adj. EPS: $1.12 (Est. $1.07) 🟢

🔹 Revenue: $7.56B (Est. $7.45B) 🟢; UP +3.5% YoY

🔹 Operating Income: $333.4M (Est. $332.2M) 🟡; UP +10.5% YoY

🔹 Gross Margin: 30.9% (Est. 30.6%) 🟢; UP 120 basis points YoY

Q4 Guidance:

🔹 Revenue: $8.1B-$8.3B (Est. $8.24B) 🟡

🔹 Adjusted EPS: $2.10-$2.30 (Est. $2.23) 🟡

FY24 Guidance:

🔹 Revenue: $30.7B-$30.9B (Est. $30.69B) 🟡

🔹 Adjusted EPS: $5.31-$5.51 (Est. $5.41) 🟡

Q3 Same-Store Sales Growth:

🔹 Enterprise: +1.8% (Est. +1.3%) 🟢

🔹 Dollar Tree Segment: +1.8% (Est. +1.9%) 🟡

🔹 Family Dollar Segment: +1.9% (Est. +0.7%) 🟢

Q3 Segment Revenue:

🔹 Dollar Tree: $4.34B (Est. $4.26B) 🟢; UP +8.3% YoY

🔹 Family Dollar: $3.22B (Est. $3.19B) 🟢; DOWN -2.5% YoY

Business Metrics:

🔹 Total Locations: 16,590 (-0.2% YoY)

🔹 Dollar Tree Locations: 8,868 (+7.2% YoY)

🔹 Family Dollar Locations: 7,722 (-7.5% YoY)

🔹 Free Cash Flow: $359.2M

🔹 Net Cash from Operations: $785.6M

Operating Highlights:

🔹 Enterprise traffic grew by 1.6%, contributing to same-store sales growth.

🔹 Dollar Tree traffic grew by 1.5%, with a 0.3% increase in average ticket.

🔹 Family Dollar traffic grew by 1.8%, with a flat average ticket.

🔹 Gross margin improved primarily due to lower freight costs and better shrink results.

Strategic and Business Updates:

🔸 249 new Dollar Tree stores and 6 new Family Dollar stores opened in the quarter.

🔸 Approximately 2,300 Dollar Tree stores converted to multi-price formats.

🔸 Ongoing review of Family Dollar strategic alternatives, including potential sale or spin-off.

🔸 CFO transition announced; external search for a replacement underway.

Vítor R.

@Victori98pt

6Mes·

About $DG (+1,9%) and $DLTR (+8,6%)

https://youtube.com/watch?v=MUJ-u7kpwoM&feature=shared

www.youtube.comWhy Dollar Stores Are Struggling

Aktien Stammtisch

@Aktien_Stammtisch

6Mes·

Earnings next week 🗓️

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6Mes

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Philipp

@Philley

6Mes·

Non-food discounters

I am continuing to look at the non-food discounter sector and have carried out a small financial analysis in order to better assess the market situation.

Dollar General $DG (+1,9%) and Dollar Tree $DLTR (+8,6%) are clearly the heavyweights in the US market. Both have sales of over 30 billion dollars and are positive. However, compared to their competitors Dollarama $DOL (-0,07%) only have a tiny profit margin.

The share prices of US companies have also fallen sharply in recent months. The US market is struggling with problems. Inflation and high costs are leading to smaller profit margins and poor future forecasts. Another major issue is the threat of tariffs on China, which is depressing share prices.

Dollarama, on the other hand, is a Canadian company and has at least nothing to do with China tariffs. The majority of the stores are located in Canada and South America, here under the Dollercity brand. The profit margins are really impressive for a "1 dollar store" and that is why the share has performed so extremely in recent months. Over the year, the share price has risen by 48%.

In my opinion, there is potential for further growth as the company continues to expand, especially in South America. South America is an exciting market for me anyway.

Philipp

@Philley

7Mes·

🧵 3

Of course, there is also a large network of non-food discount stores in the USA. With Dollar Tree ($DLTR (+8,6%)), Dollar General ($DG (+1,9%)) and Five Below ($FIVE (+2%)), there are at least three listed companies. I have also included the off-price retailer TJX Companies, better known here as TK Maxx, on the list.

In FY2023, the leading non-food discounters Dollar Tree, Dollar General, Five Below and TJX Companies posted respectable sales and solid EBITDA performance, indicating robust demand and their efficiency strategies.

Dollar Tree generated sales of USD 30.6 billion and EBITDA of USD 3.004 billion. The discount giant was able to increase its performance through a broad product range and a successful store network.

Dollar General achieved the highest sales in this group with USD 37.8 billion and an EBITDA of USD 4 billion. The company benefited from its extensive presence and a strong price-performance strategy that appeals to price-conscious customers.

Five Below achieved sales of USD 3.1 billion and EBITDA of USD 516 million. Focusing on young customer groups and inexpensive trend articles, the company recorded further growth, albeit at a lower sales level than its established competitors.

TJX Companies, the parent company of TK Maxx, reported sales of USD 49.9 billion and the highest EBITDA in the Group at USD 6.1 billion. With off-price offers and an established brand, TJX was able to further expand its leading position in the market for affordable fashion and household goods.

You can invest directly in all companies. It is interesting to note that the asset managers Black Rock and Vanguard are invested in all US companies, in some cases with considerable stakes.

Part 1 https://getqu.in/AWbuxi/

2nd part https://getqu.in/4cohv8/

app.getquin.com

5 Commenti

Homer@Simpson

7Mes

I don't know 🤔 it all looks like 💩 🤔

Maybe you'd rather $WMT $COST $CASY 🤔

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Aktien Stammtisch

@Aktien_Stammtisch

7Mes·

Dollar Tree $DLTR (+8,6%) CEO Rick Dreiling steps down as Chairman and CEO due to health concerns. COO Michael Creedon Jr. steps in as interim CEO, while Edward Kelly becomes Chairman. The company remains on track with its Q3 guidance, noting that same-store sales have “tracked well” and expressing optimism for the upcoming holiday season.

Dollar Tree also reports strong progress on its strategic review of Family Dollar, exploring options like a sale or spin-off. They aim to complete this process with ongoing input from advisors. Additionally, Dollar Tree's board is actively searching for a permanent CEO, considering both internal and external candidates.

Creedon, who joined Dollar Tree in 2022 and expanded his oversight this year, expressed confidence in the company’s current direction, stating, "We’re excited about our trajectory and committed to finding the best path for Family Dollar.”