Dollar Tree closing 75 stores, opening 400 new ones in 2026

Dollar Tree has not announced which circumstantial stores are connected the closure list. With 400 openings planned against 75 closures, the nett effect would adhd respective 100 stores to its footprint.

Dollar Tree ended the archetypal 4th — which closed retired connected May 2 — with 9,382 stores successful the United States and Canada, having added 113 caller locations implicit those 3 months, the institution said. The concatenation has besides been converting stores to a multi-price format, stocking merchandise astatine $3 to $5 alternatively than its historical astir $1 threshold. The archetypal 4th saw astir 630 stores displacement to oregon unfastened nether the multi-price banner, pushing the chainwide tally of specified locations to astir 5,900.

CEO Mike Creedon pointed to the company's 40th day arsenic a infinitesimal to item its direction. "As we observe our 40th day successful 2026, we are encouraged by the advancement we are seeing crossed the concern and stay focused connected making thoughtful investments successful our stores, assortment and lawsuit acquisition — gathering Dollar Tree to past for decades to come," helium said successful a statement.

The store enlargement is portion of a broader propulsion into much affluent areas. A Bloomberg News investigation published successful February recovered that 49% of the chain's caller store openings implicit the past six years landed successful higher-income metro neighborhoods, compared with 41% during the six years earlier that.

Dollar Tree's first-quarter results, released May 28, showed the concatenation bushed expert expectations and raised its full-year nett guidance. Adjusted net per stock came successful astatine $1.74, a 38% betterment twelvemonth implicit year, and gross of $5.0 cardinal reflected 7.2% maturation compared with the prior-year period. A 4.5% emergence successful mean transaction size pushed comparable store nett income up 3.5% for the period, adjacent arsenic shopper postulation slipped 1.0%.

For the afloat fiscal twelvemonth 2026, the institution present expects adjusted EPS betwixt $6.70 and $7.10, the institution said. Full-year nett income guidance was held astatine $20.5 cardinal to $20.7 billion.