Dollar Tree confirms net earnings go up 9.2% in Q2
25 Aug '05
3 min read
Operating margin in this year's second quarter was 6.1%, versus 7.0% for the same period, one year ago.
The Company estimates sales for the third quarter of 2005 to be in the range of $775 - $800 million. Based upon this sales forecast, diluted earnings per share is estimated to be in the range of $0.28 to $0.31.
Full year sales are now forecasted to be in the range of $3.33 billion - $3.38 billion. Full year diluted earnings per share are expected to be in the range of $1.57 - $1.66.
Nation's leading operator of single-price point dollar stores, Dollar Tree Stores Inc stores are bright, clean, fun, and well organized. They're stocked with a wide array of gift bags, party supplies, housewares, seasonal decor, candy and food, toys, health and beauty care, gifts, stationery, books, and a variety of consumer items.
And everything is priced at $1! As of July 30, 2005, Dollar Tree operated 2,856 stores in 48 states. During the second quarter, Dollar Tree opened 74 stores, closed 9 stores, and expanded or relocated 27 stores. The Company's retail selling square footage totaled approximately 22.2 million at July 30, 2005, an 18.7% increase compared to a year ago.
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