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Virginia-based Dollar Tree, Inc. (DLTR) operates discount variety stores in major metropolitan areas, mid-sized cities, and small towns and offers a wide range of everyday merchandise, including housewares, seasonal goods, candy, food, toys, health and beauty care, gifts, party goods, stationery, books, personal accessories, and other consumer items. Its market cap currently stands at $22.3 billion. DLTR is scheduled to release its fiscal 2024 Q2 earnings results on Thursday, Aug. 22.
Ahead of the event, analysts expect Dollar Tree to report a profit of $1.06 per share, up 16.5% from $0.91 per share in the year-ago quarter. The company has exceeded or met Wall Street’s EPS estimates in two of the last four quarters while missing on two other occasions. Dollar Tree’s EPS of $1.43 for the last reported quarter was in line with the consensus estimate.