Here are the earnings estimates, what analysts are saying ahead of the report and the key items to watch.
Earnings Estimates
Analysts expect Dollar Tree to report second-quarter revenue of $4.48 billion, down from $7.38 billion in last year's second quarter, according to data from Benzinga Pro.
This marks the first quarterly results for Dollar Tree since spinning off Family Dollar earlier this year.
Dollar Tree has beaten analyst estimates for revenue in three straight quarters and beaten estimates in seven of the last 10 quarters overall.
Analysts expect Dollar Tree to report second-quarter earnings per share of 40 cents, down from 67 cents per share in last year's second quarter.
The company has beaten analyst estimates for earnings per share in three straight quarters and six of the last 10 quarters overall.
Guidance from the company calls for comparable net sales growth of 3% to 5%. The company said second-quarter earnings per share could be down 45% to 50% year-over-year.
Read Also: Board Member Of Dollar Tree Purchased $149K In Stock
What Analysts Are Saying
Analysts have been raising their price targets on Dollar Tree stock ahead of the quarterly financial results.
JPMorgan analyst Matthew Boss said data shows strong same-store sales for the retailer in the quarter, which could provide upside.
Boss reiterated an Overweight rating with a price target of $138.
The analyst estimates Dollar ...
