Greenback Tree, Inc. (NASDAQ: DLTR) reported its fourth quarter 2024 earnings outcomes at the moment.
Internet gross sales elevated 0.7% year-over-year to $5 billion. Similar-store web gross sales elevated 2%.
Internet 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 predicted 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 predicted to shut in approx. 90 days with the Household Greenback enterprise remaining headquartered in Chesapeake, Virginia.
(This story will probably be up to date shortly with an infographic)