CHESAPEAKE, VA - Dollar Tree, Inc. reported financial results for its third quarter ended November 1, 2025.
“Our multi-price strategy drove strong momentum across our business in the third quarter and helped deliver an all-time record Halloween season. Today’s Dollar Tree is a preferred destination for a wide range of shoppers – whether they rely on us for everyday essentials, appreciate a fast and easy trip, or enjoy the excitement of discovering something unexpected,” said Mike Creedon, Chief Executive Officer, in the recent release. “With 85 percent of our assortment priced at two dollar or less, we continue to deliver exceptional value, while our multi-price assortment allows us to offer even more high-quality products and great gift options for the holidays. I’m incredibly proud of our team for delivering such a standout performance this quarter. And as we head into peak holiday season, we’re ready to bring even more value, convenience, and discovery to our growing base of loyal customers.”
Additional Business Highlights
- Opened 106 new Dollar Tree stores
- Converted approximately 646 stores to the Dollar Tree 3.0 multi-price format
- Year to date generated $958.5 million of net cash provided by operating activities from continuing operations and $88.2 million of free cash flow from continuing operations
Third Quarter Results
- Results for the third quarter ended November 1, 2025, are reported on a continuing operations basis and reflect the Family Dollar segment as discontinued operations. Continuing operations reflect the results of the Dollar Tree segment and corporate, support and other.
- Also, unless otherwise noted, all comparisons are to the prior year’s third quarter, ended November 2, 2024, which has also been adjusted to reflect the Family Dollar segment as discontinued operations.
- Net sales increased 9.4% to $4.7 billion. Same-store net sales increased by 4.2%, driven by a 4.5% increase in average ticket and a 0.3% decline in traffic.
- Gross profit increased 10.8% to $1.7 billion and gross margin increased 40 basis points to 35.8%. The expansion in gross margin was primarily driven by improved mark-on from pricing initiatives, lower domestic and import freight costs, favorable sales mix, partially offset by higher tariff costs, markdowns, and shrink.
See the full report here.
