Dollar Tree (NASDAQ:DLTR) issued its quarterly earnings data on Thursday. The company reported $1.19 EPS for the quarter, missing the Zacks’ consensus estimate of $1.23 by ($0.04), Bloomberg Earnings reports. The company had revenue of $5.55 billion for the quarter, compared to analyst estimates of $5.56 billion. Dollar Tree had a net margin of 7.71% and a return on equity of 18.68%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.98 EPS. Dollar Tree updated its Q2 guidance to $1.07-1.16 EPS and its FY19 guidance to $5.32-5.62 EPS.
DLTR opened at $82.59 on Friday. The company has a market capitalization of $22.91 billion, a price-to-earnings ratio of 16.99, a price-to-earnings-growth ratio of 1.16 and a beta of 0.83. The company has a current ratio of 1.60, a quick ratio of 0.49 and a debt-to-equity ratio of 0.66. Dollar Tree has a 12-month low of $65.63 and a 12-month high of $116.65.
In other Dollar Tree news, insider Robert H. Rudman sold 6,074 shares of the firm’s stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $93.95, for a total value of $570,652.30. Following the completion of the sale, the insider now owns 11,170 shares in the company, valued at approximately $1,049,421.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Arnold S. Barron sold 6,023 shares of the firm’s stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of $94.49, for a total value of $569,113.27. Following the completion of the sale, the director now owns 26,667 shares of the company’s stock, valued at approximately $2,519,764.83. The disclosure for this sale can be found here. Insiders sold a total of 14,861 shares of company stock worth $1,398,752 in the last ninety days. Insiders own 1.50% of the company’s stock.
About Dollar Tree
Dollar Tree, Inc operates discount variety retail stores in the United States and Canada. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.
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