DLTR FY 2017 Earnings Report — Dollar Tree, Inc. Revenue & Financial Results | Market Cap Arena

Dollar Tree, Inc.DLTR

FY 2017 Earnings

Reported March 16, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$22.2B	—	$20.7B	—	7.4%
Op. Income	$2.0B	—	$1.7B	—	17.3%
Gross Margin	31.6%	—	30.9%	—	0.7pp
Net Margin	7.7%	—	4.3%	—	3.4pp
EPS (Diluted)	$7.21	—	$3.78	—	90.7%
Free Cash Flow	$878M	—	$1.1B	—	-20.7%

Revenue Flow

Item	Amount
REVENUE	$22.2B
Cost of Revenue	$15.2B
GROSS PROFIT	$7.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$5.0B
Other Expenses	$19M
Operating Expenses	$5.0B
Cost & Expenses	$20.2B
OPERATING INCOME	$2.0B
Interest Income	$0
Interest Expense	$302M
Other Income/Expenses	-$295M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	-$10M
Net Income from Continuing Ops	$1.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.7B
D&A	$611M
EBIT	$2.0B
EBITDA	$2.6B
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$22.2B
Cost of Revenue	$15.2B
GROSS PROFIT	$7.0B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$5.0B
Other Expenses	$19M
Operating Expenses	$5.0B
Cost & Expenses	$20.2B
OPERATING INCOME	$2.0B
Interest Income	$0
Interest Expense	$302M
Other Income/Expenses	-$295M
INCOME BEFORE TAX	$1.7B
Income Tax Expense	-$10M
Net Income from Continuing Ops	$1.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.7B
D&A	$611M
EBIT	$2.0B
EBITDA	$2.6B
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$1.7B
Depreciation & Amortization	$611M
Stock-Based Compensation	$66M
Deferred Income Tax	-$474M
Other Non-Cash Items	$45M
Change in Working Capital	-$452M
OPERATING CASH FLOW	$1.5B
Capital Expenditure	-$632M
Acquisitions (Net)	$300.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$4M
Other Investing Activities	$300.0K
NET CASH FROM INVESTING	-$628M
Net Debt Issuance	-$659M
Common Stock Repurchased	-$27M
Common Dividends Paid	$0
Other Financing Activities	$8M
NET CASH FROM FINANCING	-$652M
FREE CASH FLOW	$878M
Net Change in Cash	$231M

Balance Sheet

Item	Amount
Cash & Equivalents	$1.1B
Short-Term Investments	$0
Net Receivables	$90M
Inventory	$3.2B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$4.6B
PP&E (Net)	$3.2B
Goodwill	$5.0B
Intangible Assets	$3.5B
Long-Term Investments	$8M
Tax Assets	$144M
Other Non-Current Assets	$47M
TOTAL NON-CURRENT ASSETS	$11.8B
TOTAL ASSETS	$16.3B
Account Payables	$1.2B
Short-Term Debt	$916M
Deferred Revenue	$0
Other Current Liabilities	$400M
TOTAL CURRENT LIABILITIES	$2.9B
Long-Term Debt	$4.8B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$985M
Other Non-Current Liabilities	$544M
TOTAL NON-CURRENT LIABILITIES	$6.3B
TOTAL LIABILITIES	$9.2B
Common Stock	$2M
Additional Paid-In Capital	$2.5B
Retained Earnings	$4.7B
Treasury Stock	$0
Accum. Other Comp. Income	-$32M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$7.2B
Minority Interest	$0
TOTAL EQUITY	$7.2B
TOTAL LIABILITIES & EQUITY	$16.3B
Total Debt	$5.7B
Net Debt	$4.6B