DLTR FY 2012 Earnings Report — Dollar Tree, Inc. Revenue & Financial Results | Market Cap Arena

Dollar Tree, Inc.DLTR

FY 2012 Earnings

Reported March 15, 2013

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2012	Prior Q	FY 2011	QoQ Change	YoY Change
Revenue	$7.4B	—	$6.6B	—	11.5%
Op. Income	$920M	—	$782M	—	17.6%
Gross Margin	35.9%	—	35.9%	—	0.0pp
Net Margin	8.4%	—	7.4%	—	1.0pp
EPS (Diluted)	$2.68	—	$2.02	—	32.7%
Free Cash Flow	$366M	—	$436M	—	-16.2%

Revenue Flow

Item	Amount
REVENUE	$7.4B
Cost of Revenue	$4.7B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.7B
Other Expenses	$0
Operating Expenses	$1.7B
Cost & Expenses	$6.5B
OPERATING INCOME	$920M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	$59M
INCOME BEFORE TAX	$979M
Income Tax Expense	$360M
Net Income from Continuing Ops	$619M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$619M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$619M
D&A	$175M
EBIT	$982M
EBITDA	$1.2B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$7.4B
Cost of Revenue	$4.7B
GROSS PROFIT	$2.7B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.7B
Other Expenses	$0
Operating Expenses	$1.7B
Cost & Expenses	$6.5B
OPERATING INCOME	$920M
Interest Income	$0
Interest Expense	$3M
Other Income/Expenses	$59M
INCOME BEFORE TAX	$979M
Income Tax Expense	$360M
Net Income from Continuing Ops	$619M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$619M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$619M
D&A	$175M
EBIT	$982M
EBITDA	$1.2B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$619M
Depreciation & Amortization	$175M
Stock-Based Compensation	$36M
Deferred Income Tax	-$8M
Other Non-Cash Items	-$57M
Change in Working Capital	-$88M
OPERATING CASH FLOW	$678M
Capital Expenditure	-$312M
Acquisitions (Net)	$62M
Purchases of Investments	-$11M
Sales/Maturities of Investments	$2M
Other Investing Activities	-$2M
NET CASH FROM INVESTING	-$261M
Net Debt Issuance	$6M
Common Stock Repurchased	-$340M
Common Dividends Paid	$0
Other Financing Activities	$31M
NET CASH FROM FINANCING	-$303M
FREE CASH FLOW	$366M
Net Change in Cash	$112M

Balance Sheet

Item	Amount
Cash & Equivalents	$400M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$972M
Other Current Assets	$23M
TOTAL CURRENT ASSETS	$1.5B
PP&E (Net)	$961M
Goodwill	$173M
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$28M
Other Non-Current Assets	$116M
TOTAL NON-CURRENT ASSETS	$1.3B
TOTAL ASSETS	$2.8B
Account Payables	$347M
Short-Term Debt	$14M
Deferred Revenue	$0
Other Current Liabilities	$204M
TOTAL CURRENT LIABILITIES	$676M
Long-Term Debt	$257M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$152M
TOTAL NON-CURRENT LIABILITIES	$409M
TOTAL LIABILITIES	$1.1B
Common Stock	$2M
Additional Paid-In Capital	$300.0K
Retained Earnings	$1.7B
Treasury Stock	$0
Accum. Other Comp. Income	-$2M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.7B
Minority Interest	$0
TOTAL EQUITY	$1.7B
TOTAL LIABILITIES & EQUITY	$2.8B
Total Debt	$271M
Net Debt	-$129M