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

Dollar Tree (NASDAQ:DLTR) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.800-0.950 for the period, compared to the consensus 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 Down 1.7%

Shares of NASDAQ DLTR opened at $132.18 on Thursday. Dollar Tree has a 1 year low of $84.71 and a 1 year high of $142.40. The firm has a market cap of $25.40 billion, a price-to-earnings ratio of 20.65, a PEG ratio of 1.53 and a beta of 0.64. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. The stock’s 50-day simple moving average is $125.40 and its 200-day simple moving average is $114.65.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.70 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $1.55. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The firm had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. 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. As a group, equities analysts anticipate that Dollar Tree will post 7.02 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has initiated a share repurchase program on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

DLTR has been the subject of several recent analyst reports. UBS Group reissued a “buy” rating on shares of Dollar Tree in a report on Monday, August 17th. The Goldman Sachs Group lowered Dollar Tree from a “neutral” rating to a “hold” rating in a research report on Wednesday, July 8th. Jefferies Financial Group upgraded Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft upped their price target on Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. Finally, Wells Fargo & Company lifted their price objective on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $125.27.

Trending Headlines about Dollar Tree

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

• Positive Sentiment: Dollar Tree reported second-quarter revenue of approximately $4.9 billion, up 7.0% year over year and slightly above Wall Street expectations. Comparable-store sales increased 3.7%, supported by higher average ticket and modestly increased customer traffic. Dollar Tree beats quarterly revenue estimates on steady demand
• Positive Sentiment: Adjusted diluted EPS reached $2.70, far exceeding the $1.15 analyst consensus. Operating income rose to $690.1 million from $231.0 million, while the operating margin expanded by 900 basis points to 14.1%. Dollar Tree Q2 Revenue Rises 7% as Diluted EPS Reaches $2.70
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $7.70–$8.05 from $6.70–$7.10 and repurchased $605 million of stock during the quarter. Dollar Tree Lifts Earnings Outlook After Notching Higher Profit
• Neutral Sentiment: Dollar Tree projected third-quarter sales of $5.0 billion–$5.1 billion and diluted EPS of $0.80–$0.95. Investors may focus on whether the forecast supports the sharply higher full-year outlook.
• Negative Sentiment: The stock had already advanced about 43% over the prior three months and was approaching technical resistance near $141.50, increasing the potential for profit-taking even after the earnings beat. Stock of the Day: Is this the Top for Dollar Tree?
• Negative Sentiment: Recent ownership data was mixed: some large institutions increased positions, while others reduced holdings; an insider also sold a substantial block of shares. These transactions could add to near-term caution but do not alter the quarter’s operating results.

Hedge Funds Weigh In On Dollar Tree

Several hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp grew its position in shares of Dollar Tree by 3.5% during the third quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after acquiring an additional 319,938 shares during the last quarter. Alliancebernstein L.P. boosted its stake in Dollar Tree by 176.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock valued at $371,026,000 after purchasing an additional 2,393,172 shares during the period. Invesco Ltd. grew its position in Dollar Tree by 1.5% in the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock worth $334,501,000 after purchasing an additional 39,506 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Dollar Tree by 104.0% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,740,157 shares of the company’s stock worth $164,219,000 after purchasing an additional 886,964 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of Dollar Tree by 36.6% in the third quarter. Bank of America Corp DE now owns 1,539,434 shares of the company’s stock valued at $145,276,000 after purchasing an additional 412,721 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

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.