Slide 1: Supplemental Financial Presentation 2nd Quarter 2026
Supplemental Financial Presentation 2nd Quarter 2026
Slide 2: Forward Looking Statements
Forward Looking Statements This Supplemental Financial Presentation contains “forward-looking statements,” as that term is used in the Private Securities Litigation Reform Act of 1995, concerning our business and outlook, including our expected sales, comparable store sales, and adjusted diluted ear
Slide 3: Second Quarter 2026 – Key Takeaways
Second Quarter 2026 – Key Takeaways ✓ Strong Top-Line Growth o Net sales increased 7.0% to approximately $4.9 billion o Comparable sales increased 3.7% (Ticket +3.3%, Traffic +0.4%) o Consumables comp +5.8%; Discretionary comp +1.6% o Delivered the best two-year comp stack since 2023 ✓ Traffic, Mult
Slide 4: Dollar Tree Comparable Store Sales Composition
Dollar Tree Comparable Store Sales Composition Traffic, Average Ticket, Consumables, and Discretionary1 FISCAL 2023 FISCAL 2024 Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD TOTAL 3.4% 7.8% 5.4% 6.3% 5.8% 1.7% 1.3% 1.8% 2.0% 1.7% Customer Traffic 5.5% 9.6% 7.0% 7.1% 7.4% 2.8% 1.4% 1.5% 0.7% 1.6% Average Ticket (2
Slide 5: Consumable vs. Discretionary Mix Shift Over Time
Dollar Tree Consumable vs. Discretionary Mix Shift Over Time Quarterly Results Annual Results YOY Consumables Mix Shift (bps) +220 +210 +150 +60 +20 0 (40) (60) (20) +100 (90) (280) (20) +190 +160 (20) 44.6% 45.2% 49.5% 49.9% 50.2% 50.2% 50.4% 50.6% 50.6% 51.6% 49.2% 48.3% 45.5% 45.3% 47.2% 48.8% 48
Slide 6: Elevating Store Standards for Improved G.O.L.D. Scores
Elevating Store Standards for Improved G.O.L.D. Scores We have made significant progress in elevating G.O.L.D. scores and store standards Distribution of G.O.L.D. Scores by Store Count – FY26Q2 Q2 FY25 Q2 FY26 2,000 1,500 Store Count 1,000 500 Opportunities Good Great G.O.L.D. 1-4 5-6 7-8 9-10 0 1 2
Slide 7: Sales per Square Foot
Sales per Square Foot $243 $241 $242 $241 $237 $236 $234 $232 $234 $235$235 $233 $235 $220 $232 $227 $200 $201 $203 $225 $220 $221 $216 $212 $209 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 2022 2023 2024 2025 2026 Dollar Tree Note: Sales per squar
Slide 8: Operating Margin (GAAP)
Operating Margin (GAAP) FY 2026 Q2 Trend Drivers Q1 Q2 Prior Year - GAAP 8.3% 5.1% Tariff refunds Lower tariff costs Shrink Cost of sales 120 850 Occupancy leverage Tariff refund reinvestment Certain duties Sales mix Payroll Selling, general and administrative (50) 40 Marketing inv
Slide 9: Operating Margin (NON-GAAP)
Operating Margin (NON-GAAP) FY 2026 Q2 Trend Drivers Q1 Q2 Prior Year - NON-GAAP 8.4% 5.2% Tariff refunds Lower tariff costs Shrink Cost of sales 120 850 Occupancy leverage Tariff reinvestment Certain duties Sales mix Payroll Selling, general and administrative Marketing investment
Slide 10: New Store Openings
New Store Openings Dollar Tree 249 148 148 116 127 106 106 113 106 Year-to-Date 75 2025 2026 33 42 254 188 2024 2025 2024 2025 2024 2025 2024 2025 2025 2026 2025 2026 1Q 2Q 3Q 4Q 1Q 2Q 10
Slide 11: Outlook – Continuing Operations
Outlook – Continuing Operations Third Quarter and Full-Year Fiscal 2026 Third Quarter Fiscal Year FY Tariff Refund Reinvestment, net* Sales - Dollar Tree $5.0B - $5.1B $20.5B - $20.7B Comparable Sales - Dollar Tree 3.0% to 4.0% 3.0% to 4.0% Gross margin 1 - Up significantly ~$275M / ~130 bps 2 Adjus
Slide 12: Appendix: Non-GAAP Financial Measures
Appendix: Non-GAAP Financial Measures From time-to-time, the Company discloses certain financial measures not derived in accordance with GAAP. These non-GAAP financial measures should not be used as a substitute for GAAP financial measures, or considered in isolation, for the purposes of analyzing o
Slide 13: Appendix: Non-GAAP Financial Measures
Appendix: Non-GAAP Financial Measures In addition, the Company discloses free cash flow, a non-GAAP financial measure that we calculate as net cash provided by operating activities less capital expenditures. The Company believes free cash flow is an important indicator of our liquidity as it measure
Slide 14: Appendix: Non-GAAP Financial Measures
Appendix: Non-GAAP Financial Measures Note: Non-GAAP reconciliations for quarters prior to the current quarter are provided in the applicable Supplemental Financial Presentations available in the Financial Results section of the Company’s IR site. 14
Slide 15: Appendix: Non-GAAP Financial Measures
Appendix: Non-GAAP Financial Measures Note: Non-GAAP reconciliations for quarters prior to the current quarter are provided in the applicable Supplemental Financial Presentations available in the Financial Results section of the Company’s IR site. 15
Slide 16: Appendix: Non-GAAP Financial Measures
Appendix: Non-GAAP Financial Measures Note: Non-GAAP reconciliations for quarters prior to the current quarter are provided in the applicable Supplemental Financial Presentations available in the Financial Results section of the Company’s IR site. 16
Slide 17: Appendix: Non-GAAP Financial Measures
Appendix: Non-GAAP Financial Measures Note: Non-GAAP reconciliations for quarters prior to the current quarter are provided in the applicable Supplemental Financial Presentations available in the Financial Results section of the Company’s IR site. 17