Dollar Tree (DLTR) Reports $63.6 Million Net Income

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.