DLTR

DOLLAR TREE, INC.

Ticker: DLTRConsumer DiscretionaryRetailS&P 500
HQ CHESAPEAKE, VACIK 935703FY end 01-30Book / share $17.65Shares 194M
Revenue (FY)
$19.41B+10.43%
TTM $20.07B
Op. margin
8.52%+0.20%
TTM 10.97%
Net income
$1.23B+17.53%
TTM $1.62B
Operating cash
$2.19B-0.12%
TTM $3.12B
Free cash flow
$1.06B+18.36%
TTM $1.98B
Return on equity
34.16%+110.34%
TTM 47.08%
Debt / equity
0.65-0.22%
TTM 0.86
Shares outstanding
206.3M-4.45%
TTM 194.1M

The business

Dollar Tree, Inc. (NASDAQ: DLTR) operates as a leading discount retailer in North America through its Dollar Tree banner, serving customers across approximately 9,000 stores in 48 states and the District of Columbia, plus approximately 275 stores across seven Canadian provinces. The company's website is www.dollartree.com.

The company operates a value retail business model centered on offering a broad selection of merchandise at attractive price points, with the majority of products priced at $1.25 in the United States and $1.75 CAD in Canada. Dollar Tree carries approximately 8,400 items per store, balancing everyday consumable products with seasonal and discretionary merchandise. The merchandise mix comprises consumable goods such as household paper, chemicals, food, candy, and health and personal care products, alongside discretionary items including toys, housewares, gifts, stationery, party goods, and seasonal merchandise. The company has expanded its multi-price offerings to provide customers with a broader assortment while maintaining its foundational value proposition.

Dollar Tree operates a vertically integrated supply chain with 16 distribution centers in the United States and third-party distribution services in Canada. The company sources approximately 40 percent of its retail value purchases directly from international suppliers, with China representing the majority of direct imports. The remaining merchandise is purchased domestically or through direct store delivery vendors. Approximately 90 percent of store inventory flows through the company's distribution network, while the remaining inventory, primarily perishable items, is delivered directly by vendors.

The company employs approximately 153,000 associates across store locations, distribution centers, and its store support center, comprising roughly 35,000 full-time and 118,000 part-time employees. In July 2025, Dollar Tree completed the sale of its Family Dollar business to 1959 Holdings, LLC, generating approximately $793 million in cash proceeds and allowing the company to focus on Dollar Tree as a standalone banner.

The company's strategic initiatives include expanding store footprint, improving store conditions and operational standards, optimizing shelf space productivity, enhancing supply chain capabilities through distribution center modernization, and expanding digital offerings through partnerships with Instacart and Uber Eats. Dollar Tree differentiates itself through convenient suburban store locations, merchandise quality and value proposition, and a treasure-hunt shopping experience featuring new seasonal and promotional items.

Sector
Consumer Discretionary
Industry
Retail
HQ
CHESAPEAKE, VA
FY end
01-30
CIK
935703
SIC
5331
Financial performance · annual
20142026
$-4.81B$4.85B$14.51B$24.16B$33.82B2014201520162017201820192020202120222023202420252026TTMTTMTTM

Ownership

Who holds DOLLAR TREE, INC. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

686
funds hold it
1 of 35
superinvestors hold it
$9.55B
fund-held value
43.4%
of shares held by funds
3
bond issues held by funds

Top fund holders

Fund% of fundValue
Fidelity Contrafund
FCNTX
0.73%$1.31B
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%$701.08M
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%$567.47M
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.21%$478.45M
T. Rowe Price Mid-Cap Growth Fund, Inc.
RPMGX · T. ROWE PRICE MID-CAP GROWTH FUND, INC.
1.42%$327.16M

Superinvestors in DOLLAR TREE, INC.

Chris BloomstranINCREASED +3.2%
Semper Augustus Investments Group
7.2%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 3 issues of DOLLAR TREE, INC.'s debt, $330.58M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 3.55%, maturing 20282051.

IssueCouponMaturesFundsFund-held
Dollar Tree Inc4.200%2028-05-1578$177.09M
Dollar Tree, Inc.2.650%2031-12-0146$121.30M
DOLLAR TREE INC 3.375% 12/01/20513.375%2051-12-0134$32.19M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of DOLLAR TREE, INC.'s financials

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