Dollar Tree Falls 18% After Q2 Revenue And EPS Miss, Cuts Annual Forecasts
Dollar Tree Falls 18% After Q2 Revenue And EPS Miss, Cuts Annual Forecasts
Dollar Tree reported same-store sales growth of 1.3%, the Family Dollar segment reported a marginal decline of 0.1%, and the Enterprise segment reported same-store sales growth of 0.7%.Dollar Tree, Inc.'s $Dollar Tree (DLTR.US)$ stock is falling 18% after the company reported worse-than-expected second-quarter 2024 earnings. The discount variety stores chain reported an adjusted EPS of $0.67, missing the consensus of $1.04, and down 26.4% year over year.
Dollar Tree, Inc. 's $美元树公司 (DLTR.US)$ 该公司公布的2024年第二季度收益低于预期后，股价下跌了18％。这家折扣连锁店报告调整后的每股收益为0.67美元，未达到预期的1.04美元，同比下降26.4％。
Chief Financial Officer Jeff Davis added, "Our adjusted EPS of $0.67 was $0.38 below the midpoint of our previous outlook range. While the vast majority of this variance was attributable to an adjustment of our general liability accrual, a portion was attributable to a comp shortfall, which reflected the increasing effect of macro pressures on the purchasing behavior of Dollar Tree's middle- and higher-income customers."
首席财务官杰夫·戴维斯补充说：“我们调整后的每股收益为0.67美元，比之前展望区间的中点低0.38美元。尽管这种差异的绝大多数归因于我们应计一般负债的调整，但有一部分归因于补偿短缺，这反映了宏观压力对Dollar Tree中高收入客户购买行为的影响越来越大。”
The company reported sales of $7.38 billion, up marginally by 0.07%, missing the consensus of $7.5 billion.
该公司报告的销售额为73.8亿美元，小幅增长0.07％，未达到75亿美元的共识。
Dollar Tree reported same-store sales growth of 1.3%, the Family Dollar segment reported a marginal decline of 0.1%, and the Enterprise segment reported same-store sales growth of 0.7%.
Dollar Tree报告的同店销售额增长了1.3％，Family Dollar板块报告的同店销售额增长了0.1％，企业板块报告的同店销售额增长了0.7％。
During the second quarter, Dollar Tree initiated a formal review of strategic alternatives for the Family Dollar business segment, which could include a potential sale, spin-off, or other disposition of the business.
在第二季度，Dollar Tree启动了对Family Dollar业务板块的战略替代方案的正式审查，其中可能包括该业务的潜在出售、分拆或其他处置。
Guidance: The company is lowering its full-year fiscal 2024 consolidated net sales outlook range to $30.6 billion to $30.9 billion, down from prior guidance of $31 billion—$32 billion versus the consensus of $31.19 billion.
指导方针：该公司正在将其2024财年全年合并净销售前景区间下调至306亿美元至309亿美元，低于之前预期的310亿美元至320亿美元，而市场普遍预期为311.9亿美元。
"We are updating our full-year outlook to reflect second-quarter results, including the general liability charge, a more conservative sales outlook at Dollar Tree for the balance of the year, and incremental start-up costs associated with the conversion of our recently acquired portfolio of 99 Cents Only Stores leases," Davis added.
戴维斯补充说：“我们正在更新全年展望，以反映第二季度的业绩，包括一般负债费用、Dollar Tree在今年剩余时间内更为保守的销售前景以及与转换我们最近收购的99美分门店租赁投资组合相关的增量启动成本。”
The company expects to deliver comparable store net sales growth in the low-single-digits for the enterprise and both the Dollar Tree and Family Dollar segments.
该公司预计，企业以及Dollar Tree和Family Dollar板块的门店净销售额将以较低的个位数实现可比的门店净销售额增长。
Dollar Tree expects an adjusted diluted EPS of $5.20-$5.60 compared to prior guidance of $6.50-$7.00, versus the consensus of $6.56.
美元树预计，调整后的摊薄后每股收益为5.20美元至5.60美元，而之前的预期为6.50美元至7.00美元，而市场普遍预期为6.56美元。
For the third quarter of 2024, Dollar Tree forecasts sales of $7.4 billion—$7.6 billion, compared to the consensus of $7.59 billion, based on comparable store net sales growth in the low single digits for the enterprise and both the Dollar Tree and Family Dollar segments.
根据该企业以及Dollar Tree和Family Dollar板块的可比门店净销售额的低个位数增长，美元树预测2024年第三季度的销售额为74亿美元至76亿美元，而市场普遍的销售额为75.9亿美元。
Adjusted diluted EPS for the third quarter of 2024 is estimated to be $1.05-$1.15 compared to the consensus of $1.32.
2024年第三季度调整后的摊薄每股收益估计为1.05-1.15美元，而市场普遍预期为1.32美元。
