Dollar Tree Inc DLTR released financial results on Thursday morning that beat Wall Street earnings estimates.
Dollar Tree Inc reported that its fiscal 4th quarter net income rose 5% to $63.6 million, or 73 cents per share, up from $60.4 million, or 66 cents per share, a year earlier.
Excluding special items, earnings came in at 92 cents per share.
Sales climbed to $1.35 billion, up from $1.2 billion a year earlier.
According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 84 cents per share.
The company forecast full-year earnings of $4.29 to $4.50 per share.
Shares of Dollar Tree Inc closed Wednesday trading at $59.67 per share.
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Posted In: EarningsNewsGuidanceMarketsConsumer DiscretionaryGeneral Merchandise StoresThomson Reuters
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