What did Dollar Tree (NASDAQ:DLTR) report for its full fiscal year 2025?

Dollar Tree reported net sales of $19.4 billion for fiscal year 2025, marking a 10% year-over-year increase. This growth was driven by a 5.3% increase in comparable store sales. The strong performance was attributed to the success of the company’s "Dollar Tree 3.0" multi-price strategy, which allowed the retailer to attract more value-conscious shoppers.

How did Dollar Tree perform in the fourth quarter of fiscal 2025?

In Q4, Dollar Tree saw comparable store sales rise by 5% year-over-year, reflecting continued strong demand. The retailer also achieved a 21% increase in adjusted diluted EPS, reaching $2.56. This performance was in line with the top end of the company’s previous guidance, driven by an expanding customer base and a broader product assortment.

What is the "Dollar Tree 3.0" strategy and how did it contribute to growth?

The Dollar Tree 3.0 strategy includes offering multiple price points across its 5,300 stores, allowing the company to sell larger pack sizes and higher-value discretionary items. This evolution of the store format improved average transaction values and helped Dollar Tree attract a wider demographic of customers, especially during peak shopping periods like the holidays.

How many new stores did Dollar Tree open in fiscal 2025?

Dollar Tree opened 402 new locations during fiscal 2025. This expansion contributed to the company’s overall revenue growth. Additionally, around 2,400 existing stores were converted to the Dollar Tree 3.0 format, enhancing their product offerings and customer appeal.

What was Dollar Tree’s adjusted diluted EPS for fiscal year 2025?

For fiscal year 2025, Dollar Tree’s adjusted diluted EPS increased by 13% to $5.75, compared to $5.94 on a GAAP basis. The adjusted EPS growth reflects the company’s disciplined operational execution and expanded assortment, which helped boost profits despite a competitive retail environment.

Dollar Tree FY2025 results: sales up 10% & $5.75 adj. EPS

Dollar Tree annual sales climb 10% as multi-price strategy drives record comps

Written by Liezl GambePublished Mar. 16 2026Last Updated Mar. 16 2026

Dollar Tree (NASDAQ:DLTR) reported robust financial results for its fourth quarter and full fiscal year ended January 31, 2026, underscored by the continued expansion of its "Dollar Tree 3.0" multi-price strategy.

For the full year 2025, net sales grew by 10% to approximately $19.4 billion, supported by a 5.3% increase in comparable store net sales.

The fourth quarter was particularly strong, with comparable store sales rising 5% as the retailer attracted a broader demographic of value-conscious shoppers.

Quarterly adjusted diluted EPS surged 21% to $2.56, reaching the top end of the company’s previous guidance.

For the full year, adjusted diluted EPS rose 13% to $5.75, compared to $5.94 on a GAAP basis.

Chief Executive Officer Mike Creedon attributed the performance to disciplined execution and a more relevant assortment that now spans multiple price points across 5,300 stores.

Operational highlights for 2025 included the opening of 402 new Dollar Tree locations and the conversion of roughly 2,400 stores to the 3.0 format.

This evolution has allowed the company to offer larger pack sizes and higher-value discretionary items, which improved average transaction values during the critical holiday season.

Elsewhere, the company generated $2.2 billion in net cash from operating activities and $1.1 billion in free cash flow, providing the capital necessary for aggressive shareholder returns.

Dollar Tree also returned a total of $1.548 billion to shareholders through share repurchases in fiscal 2025.

This momentum has continued into the new year, with an additional $193 million in repurchases executed quarter-to-date.

Looking ahead, the company introduced its fiscal 2026 outlook, projecting comparable store net sales growth of 3% to 4% and an adjusted EPS range of $6.50 to $6.90.