Dollar Tree — Sep 3, 2025 release

On July 9, 2025, the Board of Directors replenished the Company’s share repurchase authorization to an aggregate amount of $2.5 billion, reflecting the limit previously approved by the Board in September 2021. On May 15, 2025, we leveraged a combination of available cash and our commercial paper program to redeem our $1.0 billion 4.00% Senior Notes. As of August 2, 2025, the Company had $2.4 billion remaining under the $2.5 billion repurchase authorization, $666.3 million of cash and cash equivalents, $300 million of commercial paper notes outstanding, and no borrowings under our revolvers. Year-to-Date Results Results for the 26 weeks ended August 2, 2025, are reported on a continuing operations basis and reflect the Family Dollar segment as discontinued operations. Continuing operations reflect the results of our Dollar Tree segment and corporate, support, and other. Also, unless otherwise noted, all comparisons are to the prior 26 weeks ended August 3, 2024, which also reflect the Family Dollar segment as discontinued operations. Net sales increased 11.8% to $9.2 billion. Dollar Tree’s same-store sales increased 5.9%, driven by a 2.8% increase in traffic and a 3.1% increase in average ticket. Gross profit increased 12.3% to $3.2 billion and gross margin expanded by 20 basis points to 35.0%. Selling, general and administrative expenses were 28.4% of total revenue, compared to 27.6%. On a non-GAAP basis, selling, general and administrative expenses were 28.3% of total revenue, compared to 27.6%. Operating income increased 2.9% to $615.1 million and operating income margin decreased 60 basis points to 6.7%.