Dollar Tree

The Company repurchased 5.0 million shares for $501.4 million, including applicable excise tax.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

On July 9, 2025, the Board of Directors replenished the Company s share repurchase authorization to an aggregate amount of $2.5 billion, reflecting the limit previously approved by the Board in September 2021.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

As of August 2, 2025, the Company had $2.4 billion remaining under the $2.5 billion repurchase authorization, $666.3 million of cash and cash equivalents, $300 million of commercial paper notes outstanding, and no borrowings under our revolvers.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

The Company repurchased 11.0 million shares for $938.2 million, including applicable excise tax.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

The company is updating its prior adjusted diluted EPS from continuing operations outlook range to $5.32 to $5.72 to reflect the current operating environment and year-to-date share repurchases.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

Additional share repurchases are not included in the updated outlook.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

The expansion in gross margin was driven primarily by improved mark-on from pricing initiatives, lower domestic freight costs, lower occupancy costs due to sales leverage, and favorable mix, partially offset by higher tariff costs, markdowns, distribution costs, and shrink.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

The increase was driven primarily by higher store payroll in support of pricing initiatives and wage increases, higher depreciation expense from store improvements, higher incentive compensation, and higher store maintenance expenses, partially offset by lower general liability expenses, stock compensation, and sales leverage.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

On an adjusted basis, which does not include strategic review costs, selling, general and administrative costs increased 50 basis points to 29.4% of total revenue.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

On an adjusted basis, which does not include strategic review costs, income from continuing operations was $159.2 million and diluted EPS was $0.77.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

Forward-looking statements include, without limitation, statements preceded by, followed by or including words such as believe , anticipate , expect , intend , plan , view , target or estimate , may , will , should , predict , possible , potential , continue , strategy , and similar expressions.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

The expansion in gross margin was driven primarily by improved mark-on from pricing initiatives, lower domestic freight costs, lower occupancy costs due to sales leverage, and favorable mix, partially offset by higher tariff costs, markdowns, distribution costs, and shrink.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

This included approximately $0.20 of positive impact from the timing of inventory mark-on and tariffs.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

Additionally, our outlook assumes that the level of tariffs in place today, September 3, 2025, remains in effect for the balance of the fiscal year.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

It further assumes that we will be able mitigate most of the incremental margin pressure from higher tariffs and other input costs.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

These statements are subject to risks and uncertainties.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025

For a discussion of the risks, uncertainties and assumptions that could affect our future events, developments or results, you should carefully review the Risk Factors, Business and Management's Discussion and Analysis of Financial Condition and Results of Operations sections in our Annual Report on Form 10-K filed March 26, 2025, our Form 10-Q for the most recently ended fiscal quarter and other filings we make from time to time with the Securities and Exchange Commission.

SEC original ↗Dollar Tree — Earnings release (8-K exhibit)EX-99Sep 3, 2025