Business
Dollar Tree : Earnings Release Q1 2026
Dollar Tree : Earnings Release Q1
About this update from Dollar Tree, Inc.
Dollar Tree, Inc. Reports First Quarter Results Net sales grew 7.2% and comparable store net sales increased 3.5% Diluted EPS from continuing operations of $1.76 Adjusted diluted EPS increased 38% to $1.74 Operating income margin expanded 120 basis points versus Q1 of FY25 Adjusted operating income margin expanded 110 basis points versus Q1 of FY25 Returned $595 million to shareholders through share repurchases in Q1 Q2 quarter-to-date share repurchases totaled $98 million Increasing fiscal 2026 adjusted EPS from continuing operations outlook to $6.70 to $7.10 Q2 fiscal 2026 outlook of 2.5% to 3.5% comparable store net sales growth and adjusted EPS from continuing operations of $1.00 to $1.15 CHESAPEAKE, Va. - May 28, 2026 - Dollar Tree, Inc. (NASDAQ: DLTR) today reported financial results for its first quarter ended May 2, 2026. "Our first quarter results reflect continued progress across the business and demonstrate the strength of Dollar Tree's position as the preferred destination for value, convenience, and discovery," said Mike Creedon, Chief Executive Officer. "We continued advancing our strategic plan - a more relevant assortment, agile cost management, a stronger customer connection, and new store growth coupled with improved store conditions - all driving operating margin expansion and delivering a strong bottom-line performance. As we celebrate our 40th anniversary in 2026, we are encouraged by the progress we are seeing across the business and remain focused on making thoughtful investments in our stores, assortment and customer experience - building Dollar Tree to last for decades to come." Additional Business Highlights Opened 113 new Dollar Tree stores during the quarter Converted or added about 630 stores to the Dollar Tree multi-price format, ending the quarter with approximately 5,900 multi-price stores Generated $644 million of net cash provided by operating activities from continuing operations and $392 million of free cash flow Ended the quarter with 9,382 stores across the Dollar Tree U.S. and Dollar Tree Canada banners First Quarter 2026 Key Operating Results (unaudited) (from continuing operations unless otherwise noted) Q1 (Compared to same period fiscal 2025) Fiscal 2026 Change Net Sales $5.0B 7.2% Same-Store Net Sales Growth 3.5% Adjusted Operating Income1 $473M 22.0% Diluted EPS $1.76 19.7% Operating Income $473M 23.2% Adjuste...