Insight Report 2 minutes Premium

Dollar Tree (DLTR) 4Q15 Results: Slightly Light but Complicated Quarter Due to Family Dollar Acquisition; Back on Track in 2016

Executive Summary

  • Dollar Tree reported that 4Q15 revenues were up 116.7%, to $5.4 billion, which was at the midpoint of the guidance range but slightly below the consensus estimate. The figure includes $2.7 billion of revenue from the company’s Family Dollar acquisition. Excluding this figure, revenues increased by 8.5%. Adjusted EPS was $1.01, below the $1.07 consensus estimate.
  • Following a tough, 5.6% comp in the year-ago quarter, same-store sales increased by 1.7% on a constant-currency basis in 4Q15 (and by 1.3% when adjusted for fluctuations in the Canadian dollar). Comps were positive for Family Dollar as well.
  • For 2016, the company expects revenues of $20.8–$21.1 billion versus consensus of $21.0 billion and EPS of $3.35–$3.65 versus consensus of $3.78.

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.