Insight Report 4 minutes PremiumDollar Tree (DLTR) 2Q16 RESULTS: POSITIVE COMPS IN TOUGH ENVIRONMENT, ADJUSTS GUIDANCE Coresight Research August 26, 2016 Executive Summary EPS was $0.72 versus the $0.73 consensus estimate. Revenues were $5.0 billion, below the $5.08 billion consensus estimate, and not comparable due to the acquisition of Family Dollar in July 2015. Same-store sales were up 1.2%, driven by higher customer count and average ticket, up from up 2.7% in the year-ago quarter. The company reduced 2016 revenue guidance to $20.69–$20.87 billion from $20.79–$21.08 billion previously, on a low-single-digit increase in comps and a 4.0% increase in square footage, up from 2.4%. Dollar Tree narrowed/raised its EPS guidance range to $3.67–$3.82 from $3.38–$3.80. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Innovator Profile: Tare Elevates Email Marketing with the Power of AIUS CPG Sales Tracker: Strong Beauty Performance Drives Total CPG GrowthCoresight Bites: How Much Are Chinese Beauty Shoppers Spending?CES 2023 Wrap-Up: Lots of Gadgets but Less Sizzle
