Dollar Tree (NASDAQ:DLTR) Issues Q3 2026 Earnings Guidance

Dollar Tree (NASDAQ:DLTR) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.800-0.950 for the period, compared to the consensus earnings per share estimate of 1.400. The company issued revenue guidance of $5.0 billion-$5.1 billion, compared to the consensus revenue estimate of $5.1 billion. Dollar Tree also updated its FY 2026 guidance to 7.700-8.050 EPS.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $128.26 on Friday. The stock has a fifty day moving average price of $126.03 and a 200 day moving average price of $114.77. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13. The stock has a market cap of $24.65 billion, a PE ratio of 15.66, a P/E/G ratio of 1.39 and a beta of 0.64. Dollar Tree has a 1 year low of $84.71 and a 1 year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.70 EPS for the quarter, topping the consensus estimate of $1.15 by $1.55. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the firm earned $0.77 EPS. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. Sell-side analysts forecast that Dollar Tree will post 7.13 earnings per share for the current fiscal year.

Dollar Tree declared that its Board of Directors has authorized a stock buyback plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to repurchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DLTR. Guggenheim raised their price objective on Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday. Piper Sandler reduced their target price on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. The Goldman Sachs Group lowered shares of Dollar Tree from a “neutral” rating to a “hold” rating in a report on Wednesday, July 8th. Morgan Stanley boosted their target price on shares of Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a report on Friday. Finally, Wells Fargo & Company increased their price target on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Ten equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Dollar Tree currently has a consensus rating of “Hold” and an average target price of $129.18.

Dollar Tree News Summary

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Dollar Tree reported second-quarter revenue of $4.89 billion, up 7% year over year and above estimates of approximately $4.86 billion. Adjusted earnings per share reached $2.70, substantially exceeding the $1.15 consensus, helped by higher markups, lower freight costs, reduced shrinkage and tariff-related refunds. Dollar Tree beats quarterly revenue estimates on steady demand
• Positive Sentiment: Comparable-store sales rose 3.7%, driven by a 3.3% increase in average ticket and positive customer traffic of 0.4%. Management also cited improving assortments and continued demand for affordable essentials. Dollar Tree Q2 earnings call highlights
• Positive Sentiment: Management raised full-year fiscal 2026 adjusted EPS guidance to $7.70–$8.05 from $6.70–$7.10. Dollar Tree also repurchased approximately 5.6 million shares for $605 million during the quarter, supporting per-share results. Dollar Tree lifts earnings outlook
• Neutral Sentiment: Dollar Tree is attracting more middle- and high-income shoppers seeking value, while lower-income customers remain pressured by the cost of necessities. This broadens the customer base but also highlights uneven consumer health. Dollar Tree attracts higher-income customers
• Negative Sentiment: Third-quarter adjusted EPS guidance of $0.80–$0.95 was well below the roughly $1.40 analyst expectation. Investors viewed the outlook as evidence that fuel costs, tariffs and reinvestment expenses could pressure profitability, overshadowing the second-quarter beat and the higher full-year forecast. Dollar Tree cites higher fuel prices as a headwind

Hedge Funds Weigh In On Dollar Tree

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. DV Equities LLC bought a new stake in shares of Dollar Tree in the 4th quarter worth about $32,000. Jessup Wealth Management Inc acquired a new position in Dollar Tree in the fourth quarter worth about $50,000. MUFG Securities EMEA plc acquired a new position in Dollar Tree in the second quarter worth about $58,000. Atlas Capital Advisors Inc. acquired a new position in Dollar Tree in the fourth quarter valued at approximately $94,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Dollar Tree in the 4th quarter worth $115,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Company Profile

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.