10-K/APeriod: FY2004

DOLLAR TREE, INC. Annual Report (Amendment), Year Ended Jan 31, 2004

Filed April 23, 2004For Securities:DLTR

Summary

This amended Form 10-K/A for Dollar Tree Stores, Inc., filed on April 23, 2004, serves to correct minor inaccuracies in the original filing from April 13, 2004. Specifically, it rectifies reported high and low sales prices for the company's common stock during the fiscal year ended January 31, 2004. The amendment also incorporates crucial exhibits related to the company's 2003 equity incentive, non-employee director stock option, and director deferred compensation plans. For investors, the primary takeaway is that Dollar Tree's common stock, traded under the ticker DLTR on Nasdaq, experienced significant price fluctuations throughout fiscal year 2004, with quarterly highs reaching nearly $40 and lows dipping below $17.40. The incorporation of equity and compensation plans highlights the company's strategy for incentivizing key personnel and directors, which can be a factor in long-term growth and shareholder value. This amended filing provides a more accurate snapshot of market performance and executive/director compensation structures for the period.

Key Highlights

  • 1Amendment No. 1 to the Form 10-K for the fiscal year ended January 31, 2004, filed to correct stock price data and incorporate key exhibits.
  • 2Common stock traded on Nasdaq under the symbol 'DLTR'.
  • 3Fiscal year 2004 saw stock price highs in the third quarter reaching $39.75 and lows in the first quarter at $17.40.
  • 4The company is an accelerated filer, indicating a certain level of financial reporting maturity.
  • 5The filing incorporates exhibits for the 2003 Equity Incentive Plan, 2003 Non-Employee Director Stock Option Plan, and 2003 Director Deferred Compensation Plan.
  • 6Disclosure of the aggregate market value of common stock held by non-affiliates as of August 2, 2003, was approximately $4.2 billion.
  • 7113,593,263 shares of Common Stock were outstanding as of April 5, 2004.

Frequently Asked Questions

This amended filing primarily corrects the reported high and low sales prices of Dollar Tree's common stock for the fiscal year ended January 31, 2004, and incorporates specific exhibits related to the company's equity incentive and director compensation plans.

Dollar Tree's common stock is traded on The Nasdaq Stock Market® under the ticker symbol 'DLTR'.

During the fiscal year ended January 31, 2004, the stock price ranged from a low of $17.40 in the first quarter to a high of $39.75 in the third quarter, indicating considerable volatility.

The filing references the 2003 Equity Incentive Plan, the 2003 Non-Employee Director Stock Option Plan, and the 2003 Director Deferred Compensation Plan, indicating the company's use of these mechanisms for employee and director incentives.