BUZZ-Dollar Tree up after fiscal 2026 profit forecast above estimates

Reuters
Oct 15
BUZZ-Dollar Tree up after fiscal 2026 profit forecast above estimates

** Shares of discount retailer Dollar Tree DLTR.O up 4.5% at $99.96 premarket

** Co forecasts fiscal 2026 profit above estimates ahead of its investor day

** Expects 2026 earnings per share to grow by a high-teens percentage vs. estimates of 14.04% growth - according to data compiled by LSEG

** Expects 12% to 15% compounded annual growth rate in EPS for fiscal 2026 to 2028 helped by absence of costs related to tariff mitigation, store conversion, as well as the sale of the Family Dollar banner

** DLTR maintains third-quarter and fiscal 2025 targets

** Says Q3 comparable sales up 3.8% quarter to date; analysts estimate 4.3% rise in Q3 comparable sales -LSEG

** Upto last close, DLTR up about 27% YTD

(Reporting by Anshi Sancheti and Juveria Tabassum in Bengaluru)

((Anshi.Sancheti@thomsonreuters.com))

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