Dollar Tree CFO Says Rising Fuel Prices Are a "Very, Very Meaningful" Headwind
Dollar Tree CFO Stuart Glendinning stated on the company's second-quarter earnings call that rising fuel prices are leading to significant increases in freight surcharges, a pressure expected to persist and result in a decline in gross margin in the fourth quarter. The company's adjusted diluted EPS for the second quarter was $2.70, with sales growing 7% year-over-year to $4.89 billion, both exceeding market expectations. Dollar Tree raised its adjusted EPS guidance for fiscal year 2026 to between $7.70 and $8.05, higher than the market's expectation of $7.04, but maintained its annual sales forecast.
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