Dollar Tree (DLTR) Q1 FY26 earnings beat estimates; lifts full-year guidance – Alphastreet

Retail big Dollar Tree, Inc. (NASDAQ: DLTR) reported increased gross sales and revenue for the primary quarter of fiscal 2026, and raised its full-year guidance. The underside line topped expectations.

First-quarter adjusted earnings surged 38% to $1.74 per share from $1.26 per share within the corresponding quarter final yr. Earnings additionally exceeded Wall Road’s expectations. Unadjusted internet revenue was $347.3 million or $1.76 per share, in comparison with $343.4 million or $1.61 per share final yr. The corporate reported internet gross sales of $4.97 billion for the primary quarter, sharply increased than the $4.63 billion gross sales reported in Q1 2025.

Inspired by the constructive end result, administration raised its fiscal 2026 earnings per share,  from persevering with operations, guidance to the vary of $6.70-7.10, excluding particular gadgets. Full-yr gross sales from persevering with operations are forecast to be within the vary of $20.5 billion to $20.7 billion, based mostly on comparable retailer internet gross sales progress of three-4%. For the second quarter, the corporate expects adjusted EPS to be between $1.00 and $1.15.

Mike Creedon, Dollar Tree’s CEO, mentioned, “We continued advancing our strategic plan – a extra related assortment, agile value administration, a stronger buyer connection, and new retailer progress coupled with improved retailer situations – all driving working margin enlargement and delivering a powerful backside-line efficiency.”