DOLLAR TREE, INC.DLTR
DOLLAR TREE, INC. Financial Overview 2022–2026
Updated Aug 8, 2026Dollar Tree’s decision to shed its underperforming Family Dollar business generated $793 million in cash upon completion, but only after the retailer absorbed a massive $2.5 billion impairment charge in FY2024. Stripping away this dead weight has completely transformed the company into a leaner, more profitable enterprise focused entirely on its namesake banner and a highly successful multi-price strategy.
Because of this historic divestiture, total corporate revenue mechanically shrank from $26.3 billion in FY2022 to $19.4 billion by FY2026. Yet underneath that smaller footprint, the core Dollar Tree brand is flourishing. In FY2026, comparable store net sales grew 5.3%, fueled by a 4.3% increase in average ticket size as shoppers embraced expanded $3 to $5 merchandise assortments. Relieved of Family Dollar's persistent supply chain and shrink headwinds, the company's operating income margin expanded to 8.5% in FY2026. Management immediately funneled this improved cash profile back to investors, executing $1.6 billion in stock repurchases during the year.
The market has clearly embraced this streamlined, single-banner operational structure. By the close of FY2026, investors valued the newly focused retailer at a $23.3 billion market cap, with shares priced at $117.59 and trading at 18.9x earnings.
Recent Developments (Q4 2026 and Q2 2027)
Dollar Tree maintained sales momentum in Q1 2026, with net revenues rising 7.2% to $4.97 billion. Favorable freight costs, lower shrink, and disciplined pricing initiatives allowed operating income to surge 23.2% year-over-year. This expanded operating margins by 120 basis points to 9.5%. The retailer further bolstered its liquidity by securing a $110 million tariff refund and establishing a new $500 million term loan in March 2026. Management immediately signaled confidence in this cash generation by authorizing a new $2.5 billion share repurchase program in July 2026.
Bulls argue consistent margin expansion and steady capital returns justify the stock's valuation at 18.2x earnings as of May 28, 2026. Conversely, bears warn that leaning heavily into multi-price strategies risks alienating core shoppers, while new tariffs could erode recent gross profit gains.
What to watch: deployment pacing of the newly authorized stock buybacks; customer traffic volume in response to expanded multi-price assortments.
Rev
$19.40B
FY2026
NI
$1.28B
FY2026
EPS
$6.23
FY2026
OCF
$2.19B
FY2026
Year-over-year comparison from 10-K annual reports
Data from SEC Company Facts
All DLTR Financial Metrics(53)
Income Statement
Balance Sheet
- Cash & ST Investments
- Total Assets
- Current Assets
- Cash
- Short-Term Investments
- Receivables
- Prepaid & Other
- PP&E
- Goodwill
- Intangibles
- Other Non-current
- Total Liabilities
- Current Liabilities
- Accounts Payable
- Short-Term Debt
- Long-Term Debt
- Other Non-current Liab.
- Equity
- Retained Earnings
- Accumulated OCI
- APIC
- Total L&E
- Shares Outstanding
Cash Flow
Recent SEC Filings
DOLLAR TREE, INC. 8-K Report, Financial Results (Aug 27, 2026)
Dollar Tree, Inc. (DLTR) has filed an 8-K report on August 27, 2026, primarily announcing its fiscal 2026 second quarter financial results. The company has also scheduled a conference call to discuss these results further. Investors should refer to the press release attached as Exhibit 99.1 for detailed financial performance information. This filing serves as a notification of the earnings release and the associated investor call.
DOLLAR TREE, INC. 8-K Report, Regulation FD Disclosure (Aug 6, 2026)
Dollar Tree, Inc. (DLTR) has filed an 8-K report on August 6, 2026, primarily to announce its upcoming investor conference call. The company will host a call on Thursday, August 27, 2026, at 8 a.m. Eastern Time, to discuss its financial results for the second quarter of fiscal year 2026, which ended on August 1, 2026. Investors and analysts are encouraged to tune in for insights into the company's performance during this period. This filing does not contain specific financial results or operational updates at this time. It serves as a notification of the scheduled earnings call, and the full press release detailing the second-quarter results will be made available on August 27th. Investors should refer to that upcoming release for substantive information regarding revenue, profitability, and any forward-looking guidance.
DOLLAR TREE, INC. 8-K Report, Corporate Update (Jul 2, 2026)
Dollar Tree, Inc. (DLTR) announced a significant capital allocation decision through a new $2.5 billion share repurchase authorization approved by its Board of Directors on July 1, 2026. This substantial buyback program signals management's confidence in the company's valuation and its commitment to returning capital to shareholders. The authorization provides flexibility for repurchases through various methods, including open market transactions and Rule 10b5-1 plans, allowing management to act opportunistically based on market conditions.
DOLLAR TREE, INC. 8-K Report, Bylaw Amendment (Jun 23, 2026)
Dollar Tree, Inc. (DLTR) filed an 8-K on June 23, 2026, detailing key decisions made at its Annual Meeting of Shareholders held on June 16, 2026, and an amendment to its bylaws. Most notably, the company's bylaws were amended to reduce the size of the Board of Directors from eleven to ten members. Shareholders also overwhelmingly approved the election of all ten director nominees for one-year terms and ratified the appointment of KPMG LLP as the independent registered public accounting firm for fiscal year 2026. Additionally, an advisory vote on executive compensation for named executive officers was approved. However, a shareholder proposal seeking the right to act by written consent was not approved. These changes, particularly the board size reduction and the shareholder vote outcomes, provide insights into the company's governance structure and the prevailing sentiment among its investors regarding executive compensation and corporate actions.
DOLLAR TREE, INC. 8-K Report, Financial Results (May 28, 2026)
Dollar Tree, Inc. has filed a Form 8-K on May 28, 2026, to report its fiscal 2026 first quarter financial results. The company announced these results via a press release, which is incorporated by reference into the filing. Investors should note that this information is being furnished under Items 2.02 and 7.01, meaning it is not considered 'filed' for Section 18 purposes and does not automatically become part of future registration statements, unless expressly incorporated. While the full financial details are contained within the referenced press release (Exhibit 99.1), this filing serves as notification of the results announcement and the upcoming conference call. Investors seeking a comprehensive understanding of Dollar Tree's performance for the first quarter of fiscal 2026, including key financial metrics and management commentary, will need to refer to the attached press release.
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