Dollar Tree (DLTR) Revenue — Quarter Ended Apr 29, 2023
Revenue for the quarter increased sharply from the immediately preceding period, which had reported a negative figure. However, compared to the same quarter one year ago, revenue declined.
Key takeaway
Quarter ended Apr 29, 2023 · FY2023 Q1
Revenue for the quarter increased sharply from the immediately preceding period, which had reported a negative figure. However, compared to the same quarter one year ago, revenue declined.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
+175.7%
Change from the immediately preceding quarter.
Year-over-year
-43.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 30, 2022 | $6.8B | +6.7% |
| Oct 29, 2022 | $6.9B | +8.1% |
| Jan 28, 2023 | -$5.2B | -173.4% |
| Apr 29, 2023 | $3.9B | -43.0% |
Revenue performance
The reported revenue direction was higher than the prior quarter, which had a negative revenue amount, marking a significant turnaround.
Quarterly comparison
Relative to the same quarter last year, revenue was lower, reflecting a year-over-year decrease.
What to watch
The substantial swing in revenue from a negative to a positive figure on a sequential basis is a notable trend to monitor.