Greenback Tree, Inc. (NASDAQ: DLTR) reported its fourth quarter 2024 earnings outcomes as we speak.
Web gross sales elevated 0.7% year-over-year to $5 billion. Similar-store web gross sales elevated 2%.
Web loss amounted to $3.7 billion, or $17.17 per share, in comparison with $1.7 billion, or $7.83 per share, final yr. Adjusted EPS decreased 15.3% YoY to $2.11.
For the primary quarter of 2025, the corporate expects web gross sales from persevering with operations to be $4.5-4.6 billion, primarily based on comparable retailer web gross sales development of 3-5%. Adjusted EPS is estimated to be $1.10-1.25.
Fiscal-year 2025 web gross sales from persevering with operations are anticipated to be $18.5-19.1 billion, primarily based on comparable retailer web gross sales development of 3-5%. Adjusted EPS from persevering with operations is anticipated to vary from $5.00-5.50.
Greenback Tree has agreed to promote its Household Greenback enterprise to Brigade and Macellum for $1 billion. The deal is anticipated to shut in approx. 90 days with the Household Greenback enterprise remaining headquartered in Chesapeake, Virginia.
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