Dollar Tree Q4 Adj EPS $2.55 Misses $2.65 Estimate, Sales $8.63B Miss $8.67B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dollar Tree (NASDAQ:DLTR) reported Q4 adjusted EPS of $2.55, missing the $2.65 estimate, and sales of $8.63B, missing the $8.67B estimate. This represents a 25% increase in EPS and an 11.80% increase in sales from the same period last year.
March 13, 2024 | 10:31 am
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Dollar Tree reported a Q4 adjusted EPS of $2.55 and sales of $8.63B, missing estimates but showing year-over-year growth.
Missing both EPS and sales estimates could negatively impact investor sentiment in the short term, despite the year-over-year growth. The miss on expectations, especially in a retail company like Dollar Tree, can lead to a decrease in stock price as investors adjust their positions based on the new financial performance data.
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