Dollar Tree Inc. said its normalized net income for the fiscal third quarter ended Nov. 1 came to 68 cents per share, compared with the S&P Capital IQ consensus estimate of 64 cents per share.
EPS increased 18.5% year over year from 57 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $139.8 million, an increase of 12.5% from $124.3 million in the prior-year period.
The normalized profit margin rose to 6.7% from 6.6% in the year-earlier period.
Total revenue increased 11.2% on an annual basis to $2.10 billion from $1.88 billion, and total operating expenses increased 10.8% from the prior-year period to $1.86 billion from $1.68 billion.
Reported net income rose year over year to $132.2 million, or 64 cents per share, from $126.2 million, or 58 cents per share.
