Dollar Tree Sees FY24 Net Sales Of $31B - $32B Vs. $30.66B Est; FY24 EPS Of $6.70 - $7.30 Vs. $5.96 Est.
Portfolio Pulse from Benzinga Newsdesk
Dollar Tree projects its FY24 net sales to be between $31 billion and $32 billion, surpassing the estimated $30.66 billion. Additionally, the company forecasts its FY24 EPS to range from $6.70 to $7.30, exceeding the estimated $5.96.
March 13, 2024 | 10:35 am
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POSITIVE IMPACT
Dollar Tree's FY24 net sales and EPS projections exceed analyst estimates, indicating potential growth and profitability.
Dollar Tree's projection of higher than expected net sales and EPS for FY24 suggests the company is on a path of growth and increased profitability. This positive outlook is likely to instill investor confidence, potentially leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100