- Dollar Tree reported 1Q19 revenues of $5.81 billion, up 4.6% year over year and slightly above the consensus estimate of $5.78 recorded by StreetAccount. Adjusted EPS was $1.14, down 4.1% and in line with the consensus.
- Enterprise comparable store sales increased 2.2%, beating the 2.1% consensus; Dollar Tree comps grew 2.5%, short of the 3.0% consensus; and, Family Dollar comps rose 1.9%, beating the consensus estimate of 1.1%.
- For 2019, the company expects revenues of $23.51–23.83 billion (up 3.0–4.4%), in line with the consensus estimate of $23.67 billion, and EPS of $4.77-5.07, below the consensus estimate of $5.23.
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