Uploaded by FinancialNewsOnline on Nov 17, 2011
Dollar Tree (NASDAQ:DLTR) Reported Q3 earnings this morning, posting EPS of $0.87, topping analyst estimates for $0.83. Revenue for the quarter rose 11.9% to 1.6 billion, also ahead of estimates for $1.58 billion.
President and CEO Bob Sasser said, "I am very pleased with the Company's performance in the third quarter. Dollar Tree achieved double-digit growth in sales, operating margin and earnings per share against a very strong performance last year. Our merchandising and store teams continue to deliver exciting products at great values and a fun, friendly, convenient shopping experience for our customers."
Dollar Tree (NASDAQ:DLTR) has potential upside of 5% based on a current price of $77.3 and an average consensus analyst price target of $81.20.
President and CEO Bob Sasser said, "I am very pleased with the Company's performance in the third quarter. Dollar Tree achieved double-digit growth in sales, operating margin and earnings per share against a very strong performance last year. Our merchandising and store teams continue to deliver exciting products at great values and a fun, friendly, convenient shopping experience for our customers."
Dollar Tree (NASDAQ:DLTR) has potential upside of 5% based on a current price of $77.3 and an average consensus analyst price target of $81.20.
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