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DLTR Dollar Tree News Story

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Dollar Tree rises after quarterly profit beats estimates

Updates

** Shares of discount retailer Dollar Tree DLTR.O up as much as ~6% at $113.61

** Stock set for its best day in more than three months, if gains hold

** Co beats Q4 profit estimates, sees a favorable tariff impact in the near term

** Quarterly adjusted EPS came in at $2.56, beating estimates of $2.52, net sales in line with estimates - data compiled by LSEG

** However, co forecasts annual sales largely below expectations as budget-conscious consumers tighten spending

** Michael Gunther from Consumer Edge says dollar store spend growth has moderated a bit in recent periods, but Dollar Tree has gained market share within the dollar store space across all income groups over the past year, including over the key holiday period

** Expects annual net sales in the range of $20.5 billion to $20.7 billion, compared with analysts' estimates of $20.69 billion

** As of last close, stock down ~13% YTD

 (Reporting by Koyena Das from Bengaluru)

 ((Koyena.das@thomsonreuters.com))

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