Dollar Tree (DLTR) Revenue — Quarter Ended Aug 3, 2024
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease from the prior quarter was modest, while the drop from the year-ago period was significant.
Key takeaway
Quarter ended Aug 3, 2024 · FY2024 Q2
Revenue for the quarter declined compared to both the immediately preceding quarter and the same quarter one year earlier. The decrease from the prior quarter was modest, while the drop from the year-ago period was significant.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.1B
Revenue reported for this quarter.
Quarter-over-quarter
-2.4%
Change from the immediately preceding quarter.
Year-over-year
-62.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.5B
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 |
|---|---|---|
| Oct 28, 2023 | $7.3B | +5.4% |
| Feb 3, 2024 | $5B | +195.5% |
| May 4, 2024 | $4.2B | +5.9% |
| Aug 3, 2024 | $4.1B | -62.0% |
Revenue performance
The reported revenue moved lower, reflecting a contraction in the top line.
Quarterly comparison
Relative to the preceding quarter, revenue fell by a small percentage. Compared to the same quarter last year, the decline was much larger, exceeding one half.
What to watch
The magnitude of the year-over-year revenue decline is a key area to monitor in upcoming periods.