Quick Overview
- Shares of Dollar Tree climbed 11% in pre-market hours, reaching approximately $106 following impressive first-quarter results
- The company’s adjusted earnings per share reached $1.74, surpassing the analyst projection of $1.53
- Total revenue increased 7.2% to reach $4.98 billion, exceeding the expected $4.96 billion
- Comparable store sales advanced 3.5%, outpacing the anticipated 3.3% growth
- A new on-demand delivery collaboration with DoorDash was unveiled
Dollar Tree delivered impressive fiscal first-quarter results, propelling shares upward by 11% to approximately $106 during Thursday’s pre-market session.
Prior to this earnings release, the discount retailer’s stock had declined 22% year-to-date in 2026 — marking the first complete calendar year following the company’s disposal of its Family Dollar division at a substantial loss during the previous summer.
On an adjusted basis, earnings per share totaled $1.74, representing a significant increase from $1.26 in the same period last year and substantially exceeding the Wall Street consensus of $1.53, based on FactSet data.
Top-line revenue climbed 7.2% year-over-year to $4.98 billion, narrowly beating the Street’s forecast of $4.96 billion.
Comparable store sales posted a 3.5% year-over-year gain, fueled by a 4.5% increase in average transaction value. Customer traffic declined by 1%, though the elevated spending per visit more than compensated for the footfall reduction.
Chief Executive Officer Mike Creedon stated the quarterly performance demonstrates “continued progress across the business” and highlighted merchandise assortment enhancements, expense control initiatives, and retail location upgrades as primary growth catalysts.
DoorDash Partnership Enhances Delivery Capabilities
On Thursday morning, DoorDash revealed a new partnership arrangement with Dollar Tree to provide on-demand delivery services across the retailer’s entire U.S. store network.
Dollar Tree has existing delivery relationships with Uber Eats and Instacart for same-day fulfillment, making DoorDash the latest addition to its third-party delivery platform portfolio.
Company Upgrades Financial Outlook
Looking ahead to the second quarter, Dollar Tree projected adjusted earnings per share in the range of $1.00 to $1.15 on net sales of approximately $4.85 billion at the midpoint. Wall Street had previously anticipated $0.99 per share and $4.84 billion in revenue.
Second-quarter comparable sales are forecast to expand between 2.5% and 3.5%, compared to the analyst estimate of 2.8%.
Management elevated its full-year earnings per share guidance to a range of $6.70 to $7.10, up from the previous forecast of $6.50 to $6.90. This new range exceeds the current Wall Street consensus of $6.67.
The retailer maintained its full-year net sales projection at $20.5 billion to $20.7 billion, with comparable sales growth anticipated in the 3% to 4% range for the full fiscal year.
