Dollar Tree, Inc. (NASDAQ:DLTR) Reaches a New High Earnings

Dollar Tree, Inc. (NASDAQ:DLTR) is the leader in discount shopping in North America that sells everything for no more than $1.00.

Prior to the stock markets opening bell, Dollar Tree, Inc. (NASDAQ:DLTR) announced their third quarter results that included a 1.6% pre-trading share price increase. The discounted retailer posted adjusted earnings of $0.69 per share based on $2.10 billion in revenue. During the same time period in 2013, the EPS (earnings per share) were $0.58 per share based on $1.88 worth of revenue. Sales rose from 3.1% to 5.9% in a 12 month period.

Dollar Tree, Inc. (NASDAQ:DLTR) has estimated their fourth quarter sales to range between $2.39 and $2.46 billion with the earnings per share to be between $1.07 and $1.14.

Bob Sasser, the CEO of Dollar Tree, Inc. (NASDAQ:DLTR) stated his pleasure in the third quarter performance and says that the shelves are stocked and the team is well prepared for the upcoming holiday season. More than 115 new store fronts have been opened this quarter.

The CEO of Dollar Tree, Inc. (NASDAQ:DLTR) recently stated that, excluding acquisition costs, the company delivered and operating margin of 11.2%. This had been the strongest sales growth in years which reinforces their initiatives to attraction new customers and retain current ones. The common statement heard from customers is that they are unable to believe what great merchandise they found at the Dollar Tree and for only $1.00! The Company works hard to make shopping a fun and inexpensive experience where customers can find new treasures each week.

Especially during these difficult economic times, Dollar Tree, Inc. (NASDAQ:DLTR) offers customers products that they need at a great value. Many name brand items can be found at your local Dollar Tree and you can find quality cleaning supplies as well as house ware items, beauty supplies, toys, party supplies, books, seasonal décor, food and much more.

This Fortune 500 Company currently operates more than 5,280 stores nationwide, including Canadian provinces. Shopping online is also an option that is offered by Dollar Tree, Inc. (NASDAQ:DLTR) where customers can shop for bulk quantity items, extraordinary closeout deals and also get great ideas for special gifts.

Dollar Tree, Inc. (NASDAQ:DLTR) has offered to buy out their competitor, Family Dollar Stores Inc. (NYSE: FDO) for $14.3 million which will include SG&A costs. Family Dollar has been in business for more than 50 years and it is a Fortune 300 Company that is growing in leaps and bounds by serving families in over 8,000 neighborhoods in more than 45 states in the U.S.

Family Dollar Stores Inc. (NYSE: FDO) opened at 78.70 with a 52 week outlook that ranges between 55.64 and 80.97. They are 96% institutionally owned.

Dollar Tree, Inc. (NASDAQ:DLTR) opened the market today at 64.42 and at 9:40 a.m. Eastern Daylight Time has risen to 65.11 per share. The 52 week outlook is between 49.59 and 65.30 with a market cap of 13.39 billion. Currently the company is 89% inst. own.