Last $53.53 USD
Change Today +0.02 / 0.04%
Volume 2.0M
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As of 3:36 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

dollar tree inc (DLTR) Snapshot

Open
$53.52
Previous Close
$53.51
Day High
$53.69
Day Low
$53.17
52 Week High
10/22/13 - $60.19
52 Week Low
02/3/14 - $49.59
Market Cap
11.0B
Average Volume 10 Days
3.6M
EPS TTM
$2.88
Shares Outstanding
205.6M
EX-Date
--
P/E TM
18.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for DOLLAR TREE INC (DLTR)

dollar tree inc (DLTR) Details

Dollar Tree, Inc. operates discount variety stores in the United States and Canada. Its stores offer merchandise at the fixed price of $1.00. The company’s stores provide consumable merchandise, which includes candy and food, and health and beauty care products; and everyday consumables, such as paper and chemicals, and frozen and refrigerated food. Its stores also offer various merchandise that include toys, durable housewares, gifts, party goods, greeting cards, softlines, and other items; and seasonal goods consisting of Valentine's Day, Easter, Halloween, and Christmas merchandise. The company operates its stores under the names of Dollar Tree, Deal$, Dollar Tree Deal$, Dollar Tree Canada, Dollar Giant, and Dollar Bills. It operates approximately 5,080 stores. The company was founded in 1986 and is based in Chesapeake, Virginia.

17,600 Employees
Last Reported Date: 03/14/14
Founded in 1986

dollar tree inc (DLTR) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $1.4M
President and Chief Operating Officer
Total Annual Compensation: $738.8K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $545.2K
Chief Merchandising Officer
Total Annual Compensation: $636.2K
Chief Logistics Officer
Total Annual Compensation: $393.3K
Compensation as of Fiscal Year 2013.

dollar tree inc (DLTR) Key Developments

Dollar Tree, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended August 2, 2014; Revises Earnings Guidance for the Full Year 2014; Provides Earnings Guidance for the Third Quarter of 2014

Dollar Tree, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended August 2, 2014. Consolidated net sales increased 9.5% to $2.03 billion from $1.85 billion in the prior year's second quarter. Consolidated comparable store sales increased 4.5% on a constant currency basis. Adjusted for the impact of Canadian currency fluctuations, the comparable store sales increase was 4.4%. Net income, compared to the prior year's second quarter, including acquisition-related costs, decreased approximately $3.2 million to $121.5 million, and diluted earnings per share increased by 5.4% to $0.59 against $124.7 million or $0.56 per diluted share a year ago. Excluding acquisition-related costs, net income increased approximately $1.4 million to $126.1 million and diluted earnings per share increased 8.9% to $0.61. Operating income was $205.0 million against $201.3 million a year ago. Adjusted operating income was $212.5 million. Income before income taxes was $196.6 million against $200.8 million a year ago. Adjusted income before income taxes was $204.1 million. Capital expenditures were $88.3 million in the second quarter of 2014 versus $96.4 million in the second quarter last year. Consolidated net sales increased 8.4% to $4.03 billion from $3.72 billion in the first six months of 2013. Consolidated comparable store sales increased 3.2% on a constant currency basis. Adjusted for the impact of Canadian currency fluctuations, the comparable-store sales increase was 3.1%. Net income, compared to the prior year's first six months, including acquisition-related costs, increased $1.5 million to $259.7 million, and diluted earnings per share increased by 8.7% to $1.25 against $258.2 million or $1.15 per diluted share a year ago. Excluding acquisition-related costs, net income increased $6.1 million to $264.3 million and diluted earnings per share increased 11.3% to $1.28. Operating income was $436.9 million against $417.8 million a year ago. Adjusted operating income was $444.4 million. Income before income taxes was $420.3 million against $416.3 million a year ago. Adjusted income before income taxes was $427.8 million. Net cash provided by operating activities was $365.3 million against $300.3 million a year ago. Capital expenditures were $160.2 million against $199.6 million a year ago. The company estimates sales for the third quarter of 2014 to range from $2.02 billion to $2.07 billion, based on low- to mid-single digit positive comparable store sales. Diluted earnings per share are estimated to range from $0.61 to $0.66, excluding acquisition-related costs. Gross profit margin will continue to be challenged by year-over-year freight increases as well as commitment to providing greater value to consumers in this challenging macro environment. Full-year 2014 sales are now estimated to range from $8.44 billion to $8.55 billion. This estimate is based on a range of low- to low-mid-single digit positive comparable store sales. Diluted earnings per share, which includes $0.02 per share of second quarter acquisition-related costs, are expected to range from $2.94 to $3.06, excluding third and fourth quarter acquisition-related costs. For the full year 2014, the company is planning consolidated capital expenditures to be in the range of $360 million to $370 million. Depreciation expense to be in the range of $200 million to $210 million for the year.

Maxx Fitness Clubzz and Dollar Tree to Join Chaar Pet Supplies at Saucon Valley Square

The Maxx Fitness Clubzz and Dollar Tree announced that will fill the former Pathmark storefront. Both new businesses are expected to open in the fall. The company announced last week that it was opening a second location in the plaza. It's filling the former Blockbuster Video location.

Class-Action Lawsuit Filed Against Family Dollar Stores Inc. and Dollar Tree Inc

A class-action lawsuit has been filed against Family Dollar Stores Inc. and Dollar Tree Inc. tied to their acquisition plans. That filing in Delaware Chancery Court also names all members of Family Dollar's board of directors as defendants. It alleges that Family Dollar, Dollar Tree and the board have violated their fiduciary duties at the expense of Family Dollar's shareholders. The cash and stock agreement is valued at $74.50 per share - a nearly 23% premium over the stock's closing price on July 25, 2014. The acquisition is slated to close in early 2015. The lawsuit alleges the deal offers unfair and inadequate consideration that does not constitute a maximization of stockholder value. The filing states that analysts have projected that the inherent value of the Family Dollar is worth at least $79 per share. The lawsuit alleges that Family Dollar's board has breached fiduciary duties owed to shareholders to take all necessary steps to ensure shareholders receive maximum value. It notes the deal includes provisions that stand to benefit Dollar Tree. Examples given include a no-solicitation provision that prevents Family Dollar from soliciting other potential buyers or continuing discussions. Dollar Tree has five days to match any competing proposal and there is a $305 million termination fee tied to ending the deal. It cites potential conflicts of interest with Levine being Family Dollar's large stockholder and a member of the Family Dollar's board. He is slated to receive about $130 million from the sale of his stock. The lawsuit was filed by Peter Andrews, with Andrews & Springer LLC in Delaware.

 

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DLTR Competitors

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Big Lots Inc $47.93 USD -0.04
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Industry Analysis

DLTR

Industry Average

Valuation DLTR Industry Range
Price/Earnings 18.8x
Price/Sales 1.4x
Price/Book 7.6x
Price/Cash Flow 18.4x
TEV/Sales 1.2x
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