Dollar Tree (DLTR) Q1 Revenue Meets Estimates, Profit Beats by 12.6% on Margin Gains

Dollar Tree (NASDAQ:DLTR) reported first-quarter CY2026 revenue of $4.98 billion, a 7.2% increase from a year earlier, matching Wall Street forecasts on June 1. Non-GAAP earnings per share of $1.74 beat analyst consensus by 12.6%. The company said it expects next quarter’s revenue to be about $4.85 billion, roughly in line with estimates. The discount retailer credited expanded multi-price assortments, cost discipline, and lower inventory shrink for offsetting higher fuel costs and macroeconomic uncertainty. CEO Mike Creedon highlighted that deep value pricing is attracting trade-in customers across income groups as consumers focus on savings. Dollar Tree shares climbed to $115.16 from $95.87 before the release. The company plans to reinvest potential tariff refunds and operational gains into its value proposition and store standards, while monitoring ongoing pressure from fuel and tariffs.