Dollar Tree Stores, Inc. (NASDAQ: DLTR), the nation's
largest $1.00 discount variety store chain, reported total sales for
its fiscal second quarter of 2006 were $883.6 million, a 14.9%
increase compared to $769.0 million in last year's fiscal second
quarter. These sales results were above the range of the Company's
most recent guidance of $855 to $875 million. Comparable-store sales
for the quarter increased 4.2 %.
"Sales growth was consistent throughout the quarter," President
and CEO Bob Sasser said. "The installation of expanded payment type
acceptance and the continued expansion of consumer products in our
assortment, especially in the larger stores, are key initiatives that
contributed to a higher average sale per customer and increased year
over year customer traffic."
The Company will provide more detailed information about its
second quarter 2006 operating results and guidance for the third
fiscal quarter during its upcoming earnings conference call scheduled
for Wednesday, August 23, 2006, 9:00 a.m. EDT. The telephone number
for the call is 800-289-0572. A recorded version of the call will be
available until midnight Wednesday, August 30, and may be accessed by
dialing 888-203-1112 and the pass code is 3624958. International
callers may dial 719-457-0820 and the pass code is 3624958. A webcast
of the call, powered by Vcall, is accessible through Dollar Tree's
website, www.DollarTree.com/medialist.cfm, as well as at
www.investorcalendar.com, and will remain on-line until midnight
Wednesday, August 30.
Dollar Tree operated 3,156 stores in 48 states as of July 29,
2006, compared to 2,856 stores in 48 states a year ago. During the
second fiscal quarter of 2006, the Company opened 47 stores, closed 10
stores, and expanded or relocated 18 stores. The Company's retail
selling square footage totaled approximately 25.4 million at July 29,
2006, a 14.7% increase compared to a year ago.
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uncertainties and assumptions that could affect our future events,
developments or results, you should carefully review the "Risk
Factors," "Business," and "Management's Discussion and Analysis of
Financial Condition and Results of Operations" sections in our Annual
Report on Form 10 - K filed April 12, 2006 and our Quarterly Report on
Form 10-Q filed June 8, 2006. In light of these risks and
uncertainties, the future events, developments or results described by
our forward - looking statements in our documents could turn out to be
materially and adversely different from those we discuss or imply. We
are not obligated to release publicly any revisions to any forward -
looking statements contained in this press release to reflect events
or circumstances occurring after the date of this report and you
should not expect us to do so.
Dollar Tree, Inc. is the leading American discount retailer. The group offers consumable products (food, confectionery products, hygiene, beauty and personal care products, stationery items, etc.), clothing, electronic items and seasonal products (products related to Easter, Halloween and Christmas).
As of 28/01/2023, the group had a network of 16,340 discount stores under the names Dollar Tree and Dollar Tree Canada (8,134) and Family Dollar (8,206), located in the United States and Canada.