Dollar Tree: Q4 adjusted EPS up 19%
(CercleFinance.com) - Dollar Tree has reported Q4 adjusted EPS that is up 19% at 2.
13 dollars, broadly in line with the consensus, with an adjusted operating margin that has improved by 0.9 point to 10.1%.
The chain of discount stores' revenues increased by 7.2% to 6.77 billion dollars, including a 5% increase at constant stores and at constant exchange rates, while its gross margin increased by 0.8 point to 31.8%.
Dollar Tree is not providing any financial targets for the new financial year, although its Board of Directors has decided to increase its share buyback authorization by 2 billion dollars to 2.4 billion dollars.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
13 dollars, broadly in line with the consensus, with an adjusted operating margin that has improved by 0.9 point to 10.1%.
The chain of discount stores' revenues increased by 7.2% to 6.77 billion dollars, including a 5% increase at constant stores and at constant exchange rates, while its gross margin increased by 0.8 point to 31.8%.
Dollar Tree is not providing any financial targets for the new financial year, although its Board of Directors has decided to increase its share buyback authorization by 2 billion dollars to 2.4 billion dollars.
Copyright (c) 2021 CercleFinance.com. All rights reserved.