Dollar Tree shares jump 18% after strong Q1 earnings and raised 2026 profit forecast

Dollar Tree reported better-than-expected first quarter earnings with adjusted EPS of $1.74 versus $1.55 expected, and revenue of $4.97 billion, up 7.2% year over year. The company raised its full-year 2026 adjusted EPS guidance to $6.70-$7.10, above prior estimates, driven by strong operating performance and strategic initiatives. Dollar Tree also expanded its multi-price store format and returned $595 million to shareholders through buybacks. CEO Mike Creedon highlighted the company's focus on value, convenience, and long-term growth as it celebrates its 40th anniversary.