Hubbard Radio Washington DC, LLC. All rights reserved. This website is not intended for users located within the European Economic Area.
CHESAPEAKE, Va. (AP) _ Dollar Tree Inc. (DLTR) on Thursday reported fiscal first-quarter net income of $536.4 million.
The Chesapeake, Virginia-based company said it had profit of $2.37 per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share.
The discount retailer posted revenue of $6.9 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks...
The discount retailer posted revenue of $6.9 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $6.74 billion.
Insight by Contrast Security: During this exclusive webinar, moderator Jared Serbu and agency leaders discuss software implementation cyber risks and how they are measuring and mitigating those risks in their software ecosystem and supply chain. Register now!
For the current quarter ending in August, Dollar Tree said it expects revenue in the range of $6.65 billion to $6.78 billion. Analysts surveyed by Zacks had expected revenue of $6.77 billion.
The company expects full-year earnings to be $7.80 to $8.20 per share, with revenue ranging from $27.76 billion to $28.14 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLTR at https://www.zacks.com/ap/DLTR
© 2022 . All rights reserved. This website is not intended for users located within the European Economic Area.