Dollar Tree reported first quarter 2026 revenue of $5.0 billion, a 7.2% increase year-over-year, and diluted earnings per share from continuing operations of $1.76. Comparable store sales for the quarter increased 3.5%, driven entirely by higher average ticket as traffic declined.
Key Highlights
- Comparable store sales rose 3.5%, reflecting a 4.5% increase in average ticket which offset a 1.0% decline in traffic.
- Operating margin from continuing operations expanded by 120 basis points, primarily driven by higher mark-on, lower freight costs, and reduced shrink.
- The company raised its full-year fiscal 2026 adjusted EPS guidance to a new range of $6.70 to $7.10.