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Get filing alertsDollar Tree reports Q2 2026 EPS of $2.70, boosted by $1.31 tariff refund benefit
Filed August 27, 2026 · Period ending August 27, 2026 · ~2 min read
Key Changes
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Q2 2026 diluted EPS of $2.70 included a $1.31 benefit from tariff refunds (IEEPA tariff refunds of $383M, partially offset by reinvestment expenses and certain duties). Operating margin expanded 900 basis points to 14.1%, with 650 basis points from tariff refunds.
Exhibit 99.1 view on EDGAR → -
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Raised fiscal 2026 adjusted EPS guidance to $7.70–$8.05 (including ~$0.60 tariff refund benefit). Expects full-year net sales of $20.5B–$20.7B on 3%–4% comp growth, with ~400 new stores and 75 closings.
Exhibit 99.1 view on EDGAR → -
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Q2 net sales rose 7.0% to $4.9B; comp sales up 3.7% (3.3% ticket, 0.4% traffic). Gross margin expanded 850 basis points to 42.9%, with 680 basis points from tariff refunds.
Exhibit 99.1 view on EDGAR → -
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Repurchased 5.6M shares for $605M in Q2 2026 (excluding excise tax). Ended quarter with $2.5B remaining under repurchase authorization, $1.1B cash, no commercial paper, and no revolving credit borrowings.
Exhibit 99.1 view on EDGAR → -
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Q3 2026 outlook: net sales of $5.0B–$5.1B on 3%–4% comp growth; diluted EPS of $0.80–$0.95, including ~$0.50 impact from tariff refund reinvestments.
Exhibit 99.1 view on EDGAR →
Summary
Dollar Tree reported second quarter fiscal 2026 results with diluted earnings per share of $2.70, significantly boosted by a $1.31 benefit from the net impact of tariff refunds. The company received $383 million in IEEPA tariff refunds, partially offset by reinvestment expenses and certain duties.
Excluding this one-time benefit, underlying operations showed solid momentum: net sales grew 7.0% to $4.9 billion, comparable store sales rose 3.7% (driven by a 3.3% increase in average ticket and 0.4% traffic growth), and operating margin expanded 900 basis points to 14.1% (650 basis points from tariff refunds, 250 basis points from core operations).
The company raised its full-year fiscal 2026 adjusted EPS guidance to $7.70–$8.05, incorporating an approximate $0.60 benefit from tariff refunds. Management expects net sales of $20.5 billion to $20.7 billion on 3%–4% comparable store sales growth, with plans to open approximately 400 new stores and close 75. Dollar Tree repurchased 5.6 million shares for $605 million during the quarter and ended with $2.5 billion remaining under its share repurchase authorization and a strong balance sheet (no commercial paper or revolving credit borrowings). The third quarter outlook calls for net sales of $5.0 billion to $5.1 billion and diluted EPS of $0.80–$0.95, with the lower end reflecting an approximate $0.50 impact from tariff refund reinvestments as the company cycles the one-time benefit.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Dollar Tree reported Q2 FY2026 financial results via press release and announced a conference call to discuss them.
Added in current filing · verify on EDGAR →
Today, August 27, 2026, Dollar Tree, Inc. issued a press release reporting its fiscal 2026 second quarter financial results and announcing that it will hold a publicly available telephone conference call to discuss these results.
Dollar Tree disclosed its second quarter fiscal 2026 financial results through a press release attached as Exhibit 99.1. The company also announced it will hold a public conference call to discuss the results. The actual financial metrics (revenue, earnings, guidance) are contained in the press release exhibit, which is not included in this 8-K body text.
Event · Item 7.01 — Regulation FD Disclosure
Dollar Tree incorporates Item 2.02 disclosure into Item 7.01 for Regulation FD purposes; no additional material information disclosed.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
The information (including disclaimer) presented under Item 2.02 is incorporated by reference into this Item 7.01.
The filing cross-references Item 2.02 content for Regulation FD compliance. Item 2.02 typically covers results of operations and financial condition disclosures. No substantive new information is provided in this Item 7.01 section itself.
Event · Exhibit 99.1
Added in current filing · view on EDGAR → · paraphrased
Net sales increased 7.0% to $4.9 billion. Comparable store net sales increased 3.7%, driven by a 3.3% increase in average ticket and a 0.4% increase in traffic. ... Gross profit margin increased 850 basis points to 42.9% and included 680 basis points related to the net impact of tariff refunds. ... Operating income was $690 million and operating income margin was 14.1%. Operating income margin expanded 900 basis points versus the prior year period and included a 650 basis point benefit related to the net impact of tariff refunds. ... Income from continuing operations was $515 million and diluted earnings per share was $2.70, including a $1.31 benefit related to the net impact of tariff refunds.
Dollar Tree disclosed Q2 2026 net sales of $4.9 billion (up 7.0%) and comparable-store sales growth of 3.7%, driven by a 3.3% increase in average ticket and a 0.4% increase in traffic. Gross margin expanded 850 basis points to 42.9%, with 680 basis points from tariff refunds. Operating income margin expanded 900 basis points to 14.1%, including a 650 basis point benefit from tariff refunds. Diluted EPS was $2.70, including a $1.31 benefit from the net impact of tariff refunds (IEEPA tariff refunds totaling $383 million, partially offset by reinvestment expenses and certain duties).
Added in current filing · view on EDGAR →
Converted or added about 710 stores to the Dollar Tree multi-price format, ending the quarter with approximately 6,600 multi-price stores ... Ended the quarter with 9,436 stores across the Dollar Tree U.S. and Dollar Tree Canada banners
Dollar Tree converted or added about 710 stores to the multi-price format during Q2 2026, ending the quarter with approximately 6,600 multi-price stores. The company ended the quarter with 9,436 stores across the Dollar Tree U.S. and Dollar Tree Canada banners.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 28, 2026 · How we verify