CHESAPEAKE, Va. — Dollar Tree net earnings improved by 10.2% in the fourth quarter, helped by sales growth, cost reductions, a slight improvement in margins and the effect of an extra week in the selling period, the company here said Wednesday. Sales for the 14-week quarter, which ended Feb. 2, totaled $2.25 billion, a 15.4% increase from the 13-week fourth quarter last year. Comparable-store sales improved by 2.4%. Net income was $228.6 million, as the gross profit margin improved ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.