Dollar Tree (DLTR) Stock Soars 11% After Strong Q1 Results and DoorDash Deal

Table of Contents Dollar Tree delivered an impressive first fiscal quarter performance, propelling shares 11% higher to roughly $106 during Thursday’s premarket session. Dollar Tree, Inc., DLTR The discount chain had experienced a 22% decline in 2026 prior to this earnings release — marking the first complete calendar year following the company’s divestiture of its Family Dollar division at a substantial loss during the previous summer. On an adjusted basis, earnings per share reached $1.74, representing a jump from $1.26 in the same period last year and comfortably beating the analyst consensus of $1.53, based on FactSet data. DOLLAR TREE $DLTR EARNINGS ARE OUT!🟢 EPS: $1.74 | Est. $1.55🟢 REV: $4.98B | Est. $4.96BIMPLIED MOVE TODAY: ±9.02%!! pic.twitter.com/Ro8Pu3cEW9 — Schaeffer's Investment Research (@schaeffers) May 28, 2026 Top-line revenue expanded 7.2% to $4.98 billion, narrowly exceeding the Street’s projection of $4.96 billion. Comparable store sales posted a 3.5% year-over-year gain, fueled by a 4.5% increase in average transaction value. Customer traffic declined 1%, though the elevated spending per visit successfully counterbalanced this softness. CEO Mike Creedon characterized the performance as evidence of “continued progress across the business” and highlighted merchandise assortment enhancements, expense discipline, and store-level improvements as primary catalysts. In a separate announcement Thursday morning, DoorDash revealed a new partnership with Dollar Tree that will enable on-demand delivery across the retailer’s entire U.S. store network. Dollar Tree currently maintains delivery relationships with Uber Eats and Instacart for expedited fulfillment, making DoorDash the latest addition to its third-party platform ecosystem. Looking to Q2, Dollar Tree provided adjusted EPS guidance of $1.00 to $1.15 on midpoint net sales of $4.85 billion. Wall Street had previously modeled $0.99 per share on $4.84 billion in revenue. Second-quarter comparable sales are projected to climb 2.5% to 3.5%, compared to the consensus estimate of 2.8%. Management increased its full-year EPS guidance range to $6.70–$7.10 per share, up from the previous target of $6.50–$6.90. This new range exceeds the current Street consensus of $6.67. The retailer maintained its full-year net sales outlook at $20.5 billion to $20.7 billion, with comparable sales growth anticipated in the 3% to 4% range for fiscal 2025.