8-KEarnings & ResultsLeadership ChangesRegulation FD+1

DOLLAR TREE, INC. 8-K Report, Financial Results (Dec 4, 2024)

Filed December 4, 2024For Securities:DLTR

Summary

Dollar Tree, Inc. (DLTR) has filed an 8-K report on December 4, 2024, primarily to announce its third-quarter fiscal 2024 financial results, which will be discussed in an upcoming conference call. Investors should note that this report incorporates a press release detailing these results, which is furnished and not considered 'filed' for regulatory purposes. The company also disclosed a significant executive change. In addition to financial results, the report announces the departure of Chief Financial Officer Jeffrey A. Davis, effective upon the appointment of his successor. Mr. Davis will remain with the company through March 2025 to ensure a smooth transition during the Form 10-K filing period. His departure is not attributed to any disagreements with the company regarding its operations or policies, and he is eligible for severance benefits outlined in his executive agreement.

Key Highlights

  • 1Dollar Tree, Inc. reported its fiscal 2024 third-quarter financial results via press release on December 4, 2024.
  • 2The company will host a conference call to discuss these financial results.
  • 3Chief Financial Officer Jeffrey A. Davis will be stepping down.
  • 4Mr. Davis will continue with the company in his role until a successor is appointed and through the filing of the Form 10-K in March 2025 to aid in the transition.
  • 5Mr. Davis's departure is amicable and not due to any disagreements with the company.
  • 6Mr. Davis is entitled to severance payments and benefits as per his executive agreement.
  • 7The press release containing the financial results is incorporated by reference but is furnished, not filed.

Frequently Asked Questions

This 8-K filing primarily serves to announce that Dollar Tree has released its fiscal 2024 third-quarter financial results. The detailed results are provided in an attached press release, and the company will hold a conference call to discuss them. The 8-K itself does not contain the specific financial figures.

Jeffrey A. Davis is stepping down as CFO. The filing explicitly states that his departure is not the result of any disagreement with the company on matters relating to its operations, policies, or practices. He will remain to ensure a smooth transition.

Mr. Davis will step down as CFO upon the appointment of his successor. He has agreed to stay with the company through the filing of its Annual Report on Form 10-K, which is expected in March 2025, to facilitate a smooth transition.

Yes, upon his departure, Mr. Davis will be eligible to receive severance payments and benefits as provided under Section 5 of his executive agreement with the Company, dated November 13, 2024.