Sales at established Dollar Tree stores rose 1.3 percent, coming
in below the 2.1 percent rise expected by analysts polled by
research firm Consensus Metrix.
Excluding the impact of Canadian currency fluctuations, sales at
established stores rose 1.7 percent.
The company's net income was $229 million, or 97 cents per
share, in the fourth quarter ended Jan. 30, compared with $206.6
million, or $1 per share, a year earlier.
Excluding items, Dollar Tree earned $1.01 per share.
Net sales rose to $5.37 billion from $2.48 billion, boosted by
its acquisition of Family Dollar Stores last year, but missed
the $5.41 billion analysts had expected, according to Thomson
Reuters I/B/E/S.
(Reporting by Sruthi Ramakrishnan and Yashaswini Swamynathan in
Bengaluru; Editing by Shounak Dasgupta)
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