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3Q sales climb at Dollar Tree


CHESAPEAKE, Va. Dollar Tree Stores today reported total sales for its fiscal third quarter of 2007 were $997.8 million, a 9.6% increase compared to $910.4 million in last year’s fiscal third quarter. Comparable-store sales for the quarter increased 1.9%.

Sales gains were driven by increases in store traffic and average ticket, president and ceo Bob Sasser said. Our seasonal sales were strong as both the Halloween and Back-to-School selling seasons were solid.

The company expects diluted earnings per share for the third quarter to be within the previous guidance range of 35 cents to 38 cents.

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