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DOLLAR TREE, INC.DLTR

Sector
Consumer
Industry
Retail-Variety Stores
Exchange
Nasdaq

Stock Price $DLTR

Latest filings

You are here#16 of 17 in Consumer Staples by market cap

Filing record · 2016–202610-K1210-Q328-K227

DLTR filed 12 annual reports (10-K), 32 quarterly reports (10-Q) and 227 current reports (8-K) between 2016 and 2026.

  1. FY2017 annual report10-K · Mar ’17Mar ’17
  2. Leadership change8-K · Dec ’19Dec ’19
  3. Material agreement8-K · Dec ’21Dec ’21
  4. Leadership change8-K · Sep ’25Sep ’25

01—Key figures

Source: 10-KFY2026
Source: 10-KFY2026
Source: 10-KFY2026
Source: 10-KFY2026

Revenue Trend

Year-over-year comparison from 10-K annual reports

  18. $19.40B
YoY changeLargest recent move−41.4%in FY23Latest +10.4%

Latest bar from 10-KFY2026Click a bar to open its SEC filing

View full history →
All DLTR Financial Metrics53 metrics

Income Statement13

Balance Sheet23

Cash Flow13

Per Share4

02—Overview

DOLLAR TREE, INC. Financial Overview 2022–2026

Updated Aug 8, 2026

Dollar Tree’s decision to shed its underperforming Family Dollar business generated $793 milliona 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 billionb 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 billionc 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 billiond. 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.

03—Filings

Recent SEC Filings

  1. 8-KDOLLAR TREE, INC. 8-K Report, Bylaw Amendment (Sep 25, 2026)Dollar Tree, Inc. (DLTR) has filed a Form 8-K, announcing amendments to its By-Laws, effective September 24, 2026. These changes are largely technical and administrative in nature, designed to align the company's governance documents with current Virginia law and to clarify various procedural aspects of shareholder meetings and board operations. While not indicative of immediate strategic shifts, these updates are important for understanding the company's internal governance framework and its compliance with legal requirements.
  2. 8-KDOLLAR TREE, INC. 8-K Report, Financial Results (Aug 27, 2026)Dollar Tree (DLTR) reported fiscal 2026 second-quarter results on August 27, 2026 that were heavily flattered by a one-time benefit from IEEPA tariff refunds. Net sales rose 7.0% to $4.9 billion and comparable store sales grew 3.7%, driven mainly by a 3.3% increase in average ticket and only a 0.4% traffic gain. Diluted EPS was $2.70 versus $0.75 a year earlier from continuing operations, but management attributed $1.31 of that to the net impact of tariff refunds. Excluding the refund benefit, underlying performance was still solid, with operating margin expansion driven by lower tariff rates, favorable shrink and occupancy leverage, though it was partly offset by reinvestment spending and sales mix. Management raised its fiscal 2026 adjusted EPS outlook to $7.70 to $8.05, which includes roughly $0.60 from tariff refunds, and guided third-quarter adjusted EPS to $0.80 to $0.95 after a roughly $0.50 reinvestment impact. Third-quarter comparable sales guidance is 3% to 4%. The company generated $922 million of operating cash flow and $675 million of free cash flow in the quarter, repurchased $605 million of stock, and ended the quarter with $1.1 billion of cash, no commercial paper and no revolver borrowings. Long-term debt rose to $2.9 billion from $2.4 billion at year-end, and total liabilities increased, which is worth monitoring alongside the heavy buybacks. For investors, the key question is the quality of earnings. Much of the headline EPS and margin improvement is non-recurring, so the underlying run-rate should be assessed excluding the tariff refund effects. The guidance implies that a meaningful share of the refund benefit will be reinvested in price, marketing and the store base, and the sustainability of traffic growth, which was only modestly positive, will determine whether the top-line momentum holds once the one-time items roll off.
  3. 8-KDOLLAR 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.
  4. 8-KDOLLAR TREE, INC. 8-K Report, Corporate Update (Jul 2, 2026)Dollar Tree, Inc. (DLTR) disclosed in an 8-K filed July 2, 2026 that its Board of Directors approved a replenished share repurchase authorization of $2.5 billion, announced via press release (Exhibit 99.1). The authorization permits repurchases in the open market, through privately negotiated transactions, Rule 10b5-1 plans, or block trades, subject to market and other conditions, and has no expiration date. The Company describes this as a replenishment consistent with the limit the Board previously approved in July 2025, and the new amount includes any remaining capacity under the prior program. The replenishment follows a $500 million repurchase in June 2026 executed as a block trade with selling stockholders, including funds affiliated with Mantle Ridge LP. After that transaction, the Company had approximately $700 million remaining under its existing $2.5 billion authorization. The new authorization therefore restores buyback capacity to $2.5 billion, a meaningful increase in available firepower relative to the roughly $700 million remaining before the reset. The filing itself does not disclose the amount of repurchases executed under the new authorization, a timetable, or the impact on share count, leverage, or cash balances. For investors, the key takeaway is a signal of management's confidence and a continued commitment to returning excess capital, alongside investment in growth initiatives and financial flexibility. The authorization is an upper limit rather than a commitment to buy a specific amount, so actual execution will depend on cash generation, valuation, and competing capital priorities. Investors should review the next quarterly report and earnings disclosures for details on pace of repurchases and the company's capital allocation plans.
  5. 8-KDOLLAR 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.
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04—See also

Related Companies

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