For the quarter ended Oct. 31, the retailer earned $68.2 million, or 76 cents per share, compared to $43.1 million, or 47 cents per share, a year earlier.
Sales at stores open more than on year rose 6.5 percent while revenue rose 12 percent to $1.25 billion from $1.11 billion one year ago.
After hitting a 52-week high of $52.20, Dollar Tree shares rose $2.53, or 5.2 percent, to $51.63, in midday trading.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription to EQUITIES Magazine
