10-KPeriod: FY2026

DOLLAR TREE, INC. Annual Report, Year Ended Jan 31, 2026

Filed March 16, 2026For Securities:DLTR

Summary

Dollar Tree, Inc. has reported strong performance in its fiscal year ending January 31, 2026, with a 10.4% increase in net sales to $19.4 billion, driven by a 5.3% comparable store net sales growth. This growth was primarily fueled by a 4.3% increase in average ticket, attributed to targeted retail price changes and expanded multi-price offerings, though this also led to a slight decrease in customer traffic. The company successfully completed the sale of its Family Dollar business on July 5, 2025, receiving approximately $793 million in cash. This strategic divestiture allows Dollar Tree to focus entirely on its core banner. The company is also actively investing in its operational infrastructure, including modernizing its distribution network with new facilities in Arizona and Oklahoma, and enhancing its technology platforms to improve efficiency and customer experience. Despite ongoing cost pressures from inflation and tariffs, Dollar Tree is implementing mitigation strategies, including supplier renegotiations and product re-engineering, to protect margins.

Financial Highlights

42 data points
Beta

Revenue

$19.40B

36.4% Gross Margin

Net Income

$1.28B

6.6% Net Margin

EPS (Diluted)

$6.22

Total Assets

$13.47B

Cash & Equivalents

$717.80M

Free Cash Flow

$2.19B

Financial Statements
Beta
Revenue$19.40B
Cost of Revenue$12.35B
Gross Profit$7.05B
SG&A Expenses$5.47B
Operating Income$1.65B
Net Income$1.28B
EPS (Basic)$6.23
EPS (Diluted)$6.22
Shares Outstanding (Basic)205.80M
Shares Outstanding (Diluted)206.30M

Key Highlights

  • 1Net sales increased by 10.4% to $19.4 billion in fiscal year 2025.
  • 2Comparable store net sales grew by 5.3%, driven by a 4.3% increase in average ticket.
  • 3The sale of the Family Dollar business was completed on July 5, 2025, generating approximately $793 million in cash.
  • 4Operating income margin improved to 8.5%, up from 8.3% in the prior year.
  • 5The company repurchased approximately $1.6 billion of its common stock in fiscal year 2025.
  • 6Investments in new and modernized distribution centers are underway in Arizona and Oklahoma.
  • 7Dollar Tree is expanding its multi-price assortment to offer a broader product range and drive margin growth.

Frequently Asked Questions

Dollar Tree reported a 10.4% increase in net sales, reaching $19.4 billion, with a 5.3% growth in comparable store net sales. Operating income margin also saw an improvement, rising to 8.5%.

The sale of the Family Dollar business, completed on July 5, 2025, generated approximately $793 million and allows Dollar Tree to concentrate its resources and strategic focus solely on the Dollar Tree banner, aiming for improved operational efficiency and profitability.

Dollar Tree is employing several mitigation strategies, including renegotiating supplier terms, re-engineering products for efficiency, shifting country of origin where beneficial, discontinuing underperforming items, and implementing targeted retail price adjustments. The company acknowledges ongoing impacts but aims to maintain competitiveness and value for customers.

Key initiatives include expanding and refining the multi-price product assortment, agile cost management, new store growth and store modernization through refresh and renovation programs, improving store operations and consistency, and optimizing the supply chain through distribution network enhancements and technology investments.