| Schedule of Segment Reporting Information, by Segment |
Information for our segments, as well as for Corporate, support and Other, including the reconciliation to Income before income taxes, is as follows:
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13 Weeks Ended |
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May 1, |
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May 2, |
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| (in millions) |
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2021 |
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2020 |
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| Condensed Consolidated Income Statement Data: |
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| Net sales: |
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| Dollar Tree |
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$ |
3,321.3 |
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$ |
3,077.5 |
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| Family Dollar |
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3,155.5 |
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3,209.3 |
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| Consolidated Net sales |
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$ |
6,476.8 |
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$ |
6,286.8 |
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13 Weeks Ended |
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May 1, |
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May 2, |
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| (in millions) |
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2021 |
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2020 |
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| Condensed Consolidated Income Statement Data: |
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| Gross profit: |
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| Dollar Tree |
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$ |
1,118.3 |
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$ |
980.7 |
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| Family Dollar |
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845.8 |
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814.2 |
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| Consolidated Gross profit |
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$ |
1,964.1 |
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$ |
1,794.9 |
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| Operating income (loss): |
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| Dollar Tree |
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$ |
400.3 |
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$ |
282.0 |
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| Family Dollar |
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211.4 |
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175.5 |
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| Corporate, support and Other |
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(91.8) |
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(91.6) |
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| Consolidated Operating income |
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519.9 |
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365.9 |
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| Interest expense, net |
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33.0 |
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40.2 |
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| Other expense, net |
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— |
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0.5 |
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| Income before income taxes |
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$ |
486.9 |
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$ |
325.2 |
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As of |
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May 1, |
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January 30, |
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May 2, |
| (in millions) |
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2021 |
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2021 |
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2020 |
| Condensed Consolidated Balance Sheet Data: |
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| Goodwill: |
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| Dollar Tree |
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$ |
426.1 |
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$ |
424.9 |
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$ |
421.9 |
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| Family Dollar |
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1,559.5 |
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1,559.5 |
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1,559.5 |
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| Consolidated Goodwill |
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$ |
1,985.6 |
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$ |
1,984.4 |
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$ |
1,981.4 |
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| Total assets: |
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| Dollar Tree |
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$ |
8,963.8 |
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$ |
8,669.3 |
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$ |
8,504.7 |
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| Family Dollar |
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11,611.0 |
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11,562.2 |
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11,540.7 |
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| Corporate, support and Other |
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475.9 |
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464.5 |
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426.4 |
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| Consolidated Total assets |
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$ |
21,050.7 |
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$ |
20,696.0 |
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$ |
20,471.8 |
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| Disaggregation of Revenue |
The following table summarizes net sales by merchandise category for our segments:
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13 Weeks Ended |
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May 1, |
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May 2, |
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| (in millions) |
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2021 |
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2020 |
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Dollar Tree segment net sales by
merchandise category: |
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| Consumable |
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$ |
1,584.3 |
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47.7 |
% |
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$ |
1,686.5 |
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54.8 |
% |
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| Variety |
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1,627.4 |
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49.0 |
% |
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1,311.0 |
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42.6 |
% |
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| Seasonal |
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109.6 |
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3.3 |
% |
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80.0 |
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2.6 |
% |
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| Total Dollar Tree segment net sales |
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$ |
3,321.3 |
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100.0 |
% |
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$ |
3,077.5 |
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100.0 |
% |
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Family Dollar segment net sales by
merchandise category: |
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| Consumable |
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$ |
2,373.5 |
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75.2 |
% |
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$ |
2,532.1 |
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78.9 |
% |
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| Home products |
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301.0 |
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9.5 |
% |
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272.8 |
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8.5 |
% |
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| Apparel and accessories |
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205.2 |
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6.5 |
% |
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154.1 |
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4.8 |
% |
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| Seasonal and electronics |
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275.8 |
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8.8 |
% |
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250.3 |
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7.8 |
% |
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| Total Family Dollar segment net sales |
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$ |
3,155.5 |
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100.0 |
% |
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$ |
3,209.3 |
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100.0 |
% |
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