Dollar Tree (DLTR) Revenue — Quarter Ended Feb 3, 2024
Revenue declined sharply from the immediately preceding quarter. Compared with the same quarter a year earlier, revenue was significantly higher.
Key takeaway
Quarter ended Feb 3, 2024 · FY2024 FY
Revenue declined sharply from the immediately preceding quarter. Compared with the same quarter a year earlier, revenue was significantly higher.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5B
Revenue reported for this quarter.
Quarter-over-quarter
-32.1%
Change from the immediately preceding quarter.
Year-over-year
+195.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$26.9B
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 |
|---|---|---|
| Apr 29, 2023 | $3.9B | -43.0% |
| Jul 29, 2023 | $10.7B | +58.3% |
| Oct 28, 2023 | $7.3B | +5.4% |
| Feb 3, 2024 | $5B | +195.5% |
Revenue performance
Reported revenue moved downward from the prior quarter, registering a substantial decrease. The year-over-year comparison shows a large increase from the same period one year ago.
Quarterly comparison
The current quarter's revenue was much lower than the preceding three-month period. However, it was considerably higher than the revenue reported for the same quarter in the prior fiscal year.
What to watch
The filing notes that net cash from operating activities increased due to improving inventory levels, partially offset by lower current year earnings.