Dollar Tree jumps on annual profit forecast raise

Dollar Tree

28/05/2026 14:50

Updates
** Shares of discount retailer Dollar Tree DLTR.O up as much as 17% at $112.14 in early trading
** Stock set for best day in over four years if gains hold
** The firm raises its annual profit forecast, buoyed by resilient demand for affordable essentials from budget‑conscious shoppers and its efforts to offset higher costs
** Sees fiscal 2026 adjusted earnings per share of $6.70 to $7.10, compared with its prior forecast of $6.50 to $6.90, maintains annual net sales forecast 
** Q1 sales of $4.97 billion, narrowly beat analysts' estimates of $4.96 billion, while Q1 profit of $1.74 per share came in above market estimates of $1.54 per share - data compiled by LSEG
** Peer Dollar General DG.N also up ~5% 
** As of last close, DLTR was down 22% YTD

 (Reporting by Koyena Das and Neil J Kanatt from Bengaluru)
 ((Koyena.das@thomsonreuters.com))