Dollar Tree Inc. DLTR set goals for the next few years in a statement released ahead of an analyst day, and said it’s targeting $10+ per-share earnings in fiscal 2026. The company is also aiming to improve sales productivity and margins at its Family Dollar chain. “We have compelling plans in place to deliver expanded value assortment across multiple price points, enhance store standards for our customers, and add new technology and capabilities to accelerate progress with our supply chain and people development,” Chief Executive Rick Dreiling said in the statement. The company also reiterated guidance of sales of $7.0 billion to $7.2 billion for the second quarter and EPS of 79 cents to 89 cents. For the full year, it expects sales of $30.0 billion to $30.5 billion and EPS of $5.73 to $6.13. The stock is down 3.5% in the year to date, while the S&P 500 SPX has gained 14%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.