DLTR Dollar Tree Inc
Dollar Tree, Inc., formerly known as Only $1.00, is an American chain of discount variety stores that sells items for $1 or less. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of twenty four distribution centers. The company operates one-dollar stores under the names of Dollar Tree and Dollar Bills. The company also operates a multi-price-point variety chain under the Family Dollar banner. Dollar Tree competes in the dollar store and low-end retail markets. Each Dollar Tree stocks a variety of products including national, regional, and private-label brands. Departments found in a Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, housewares, glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags and wrap, stationery, craft supplies, teaching supplies, automotive, electronics, pet supplies, and books. Most Dollar Tree stores also sell frozen foods and dairy items such as milk, eggs, pizza, ice cream, frozen dinners, and pre-made baked goods. In August 2012, the company began accepting manufacturer's coupons at all of its store locations.
Company profile
Ticker
DLTR
Exchange
Website
CEO
Bob Sasser
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Walmart • Target • Costco Wholesale • Dollar General • BJ`s Wholesale Club • Big Lots • Ollies Bargain Outlet • Freds • Pricesmart • Tuesday Morning ...
Former names
DOLLAR TREE INC, DOLLAR TREE STORES INC
SEC CIK
Corporate docs
IRS number
541387365
DLTR stock data
()
Calendar
24 Nov 20
16 Jan 21
30 Jan 21
News
Financial summary
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| Annual (USD) | Feb 20 | Feb 19 | Feb 18 | Jan 17 | |
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Financial data from Dollar Tree earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.17B | 1.17B | 1.17B | 1.17B | 1.17B | 1.17B |
| Cash burn (monthly) | 210.67M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 534.26M | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 630.94M | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 3.0 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Jan 21 | Barron Arnold S | Phantom Stock Common Stock | Grant | Aquire A | No | 108.04 | 270.73 | 29.25K | 270.73 |
| 1 Jan 21 | Bridgeford Gregory M | Phantom Stock Common Stock | Grant | Aquire A | No | 108.04 | 590.06 | 63.75K | 590.06 |
| 1 Jan 21 | Dickson Thomas W | Phantom Stock Common Stock | Grant | Aquire A | No | 108.04 | 451.22 | 48.75K | 451.22 |
| 1 Jan 21 | Lewis Lemuel E | Phantom Stock Common Stock | Grant | Aquire A | No | 108.04 | 462.79 | 50K | 462.79 |
| 1 Jan 21 | Naylor Jeffrey G | Phantom Stock Common Stock | Grant | Aquire A | No | 108.04 | 242.97 | 26.25K | 242.97 |
Institutional ownership Q3 2020
88.9% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 667 |
| Opened positions | 75 |
| Closed positions | 85 |
| Increased positions | 238 |
| Reduced positions | 242 |
13F shares |
Current |
|---|---|
| Total value | 313.98B |
| Total shares | 209.16M |
| Total puts | 1.72M |
| Total calls | 2.18M |
| Total put/call ratio | 0.8 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 25.13M | $2.3B |
| BLK Blackrock | 20.34M | $1.86B |
| FMR | 10.43M | $952.84M |
| STT State Street | 10.36M | $946.36M |
| TROW T. Rowe Price | 9.06M | $827.4M |
| MCQEF Macquarie | 7.14M | $652.4M |
| BEN Franklin Resources | 6.85M | $625.63M |
| Lazard Asset Management | 6.28M | $573.3M |
| AMP Ameriprise Financial | 4.55M | $415.73M |
| Akre Capital Management | 4.53M | $413.64M |
Financial report summary
?Competition
SunstockRisks
- If the COVID-19 pandemic worsens and new, more restrictive public health measures are implemented, there could be a material adverse impact on our business and results of operations.
- Our business and results of operations could be materially harmed if we experience a decline in consumer confidence and spending as a result of unfavorable economic conditions or political uncertainties, for example because government assistance to households and businesses terminate or are reduced prematurely.
- Our supply chain may be disrupted by changes in United States trade policy with China.
Management Discussion
- Our results of operations as a percentage of net sales and period-over-period changes are discussed in the following section.
- The increase in net sales in the 13 weeks ended October 31, 2020 was a result of comparable store net sales increases in both the Family Dollar and Dollar Tree segments and sales of $194.3 million at new stores.
- Enterprise comparable store net sales increased 5.1% on a constant currency basis in the 13 weeks ended October 31, 2020, as a result of a 20.1% increase in average ticket and a 12.5% decrease in customer traffic. Comparable store net sales increased the same 5.1% when including the impact of Canadian currency fluctuations. On a constant currency basis, comparable store net sales increased 6.4% in the Family Dollar segment and 4.0% in the Dollar Tree segment. Comparable store net sales are positively affected by our expanded and relocated stores, which we include in the calculation, and are negatively affected when we open new stores, re-banner stores or expand stores near existing stores.
Content analysis
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H.S. sophomore Good
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New words:
apparel, Biden, code, compel, excitement, Halloween, hand, legislation, outlook, restarted, signage, smoked, smoking, smoky, southwestern, Spring, statutory, taste, threatened, unpredictability, workforce
Removed:
added, borrowing, recently, relocate, unlawful
Financial reports
10-Q
2020 Q3
Quarterly report
24 Nov 20
10-Q
2020 Q2
Quarterly report
27 Aug 20
10-Q
2020 Q1
Quarterly report
28 May 20
10-K
2019 FY
Annual report
20 Mar 20
10-Q
2019 Q3
Quarterly report
26 Nov 19
10-Q
2019 Q2
Quarterly report
29 Aug 19
10-Q
2019 Q1
Quarterly report
31 May 19
10-K
2018 FY
Annual report
27 Mar 19
10-Q
2018 Q3
Quarterly report
29 Nov 18
10-Q
2018 Q2
Quarterly report
30 Aug 18
Current reports
8-K
Dollar Tree Appoints Winnie Park to Its Board of Directors
3 Dec 20
8-K
Dollar Tree, Inc. Reports Results for the Third Quarter Fiscal 2020
24 Nov 20
8-K
Dollar Tree, Inc. to Host Third Quarter Earnings Conference Call
10 Nov 20
8-K
Departure of Directors or Certain Officers
24 Sep 20
8-K
Other Events
23 Sep 20
8-K
Dollar Tree, Inc. Reports Results for the Second Quarter Fiscal 2020
27 Aug 20
8-K
Dollar Tree, Inc. to Host Second Quarter Earnings Conference Call
13 Aug 20
8-K
Regulation FD Disclosure
29 Jul 20
8-K
Regulation FD Disclosure
22 Jul 20
8-K
Dollar Tree Announces Planned Leadership Succession
20 Jul 20
Registration and prospectus
424B5
Prospectus supplement for primary offering
9 Apr 18
424B5
Prospectus supplement for primary offering
5 Apr 18
FWP
Free writing prospectus
5 Apr 18
S-3ASR
Automatic shelf registration
2 Apr 18
424B3
Prospectus supplement
27 Jun 16
S-4/A
Registration of securities issued in business combination transactions (amended)
17 Jun 16
S-4/A
Registration of securities issued in business combination transactions (amended)
2 Jun 16
S-4
Registration of securities issued in business combination transactions
5 May 16
S-8
Registration of securities for employees
28 Oct 15
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Oct 15
Proxies
PX14A6G
Letter to shareholders
27 Apr 20
DEFA14A
Additional proxy soliciting materials
24 Apr 20
DEF 14A
Definitive proxy
24 Apr 20
DEFA14A
Additional proxy soliciting materials
22 Apr 19
DEF 14A
Definitive proxy
22 Apr 19
DFAN14A
Additional proxy materials by non-management
7 Jan 19
DEFA14A
Additional proxy soliciting materials
3 May 18
DEF 14A
Definitive proxy
3 May 18
DEFA14A
Additional proxy soliciting materials
5 May 17
DEF 14A
Definitive proxy
5 May 17
Other
CT ORDER
Confidential treatment order
4 Feb 19
UPLOAD
Letter from SEC
30 May 18
CORRESP
Correspondence with SEC
25 May 18
UPLOAD
Letter from SEC
18 May 18
CT ORDER
Confidential treatment order
8 May 17
EFFECT
Notice of effectiveness
23 Jun 16
UPLOAD
Letter from SEC
22 Jun 16
CORRESP
Correspondence with SEC
21 Jun 16
CORRESP
Correspondence with SEC
20 Jun 16
UPLOAD
Letter from SEC
20 Jun 16
Ownership
4
DOLLAR TREE / CARL P ZEITHAML ownership change
4 Jan 21
4
DOLLAR TREE / CARRIE WHEELER ownership change
4 Jan 21
4
DOLLAR TREE / Stephanie Stahl ownership change
4 Jan 21
4
DOLLAR TREE / THOMAS A SAUNDERS ownership change
4 Jan 21
4
DOLLAR TREE / JEFFREY G NAYLOR ownership change
4 Jan 21
4
DOLLAR TREE / Lemuel E Lewis ownership change
4 Jan 21
4
DOLLAR TREE / THOMAS W DICKSON ownership change
4 Jan 21
4
DOLLAR TREE / GREGORY M BRIDGEFORD ownership change
4 Jan 21
4
DOLLAR TREE / ARNOLD S BARRON ownership change
4 Jan 21
4
DOLLAR TREE / THOMAS E WHIDDON ownership change
10 Dec 20