Quarterly report pursuant to Section 13 or 15(d)

Segments and Disaggregated Revenue (Tables)

v3.21.2
Segments and Disaggregated Revenue (Tables)
9 Months Ended
Oct. 30, 2021
Segment Reporting [Abstract]  
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:
  13 Weeks Ended 39 Weeks Ended
  October 30, October 31, October 30, October 31,
(in millions) 2021 2020 2021 2020
Condensed Consolidated Income Statement Data:
Net sales:
Dollar Tree $ 3,417.4  $ 3,303.2  $ 10,003.0  $ 9,557.6 
Family Dollar 2,998.0  2,873.5  9,229.4  9,183.5 
Consolidated Net sales $ 6,415.4  $ 6,176.7  $ 19,232.4  $ 18,741.1 
Gross profit:
Dollar Tree $ 1,031.1  $ 1,154.2  $ 3,207.1  $ 3,206.8 
Family Dollar 732.6  769.9  2,381.7  2,428.4 
Consolidated Gross profit $ 1,763.7  $ 1,924.1  $ 5,588.8  $ 5,635.2 
Operating income (loss):
Dollar Tree $ 290.5  $ 417.9  $ 1,019.2  $ 1,006.5 
Family Dollar 88.6  131.4  456.3  472.0 
Corporate, support and Other (68.6) (83.8) (242.9) (272.2)
Consolidated Operating income 310.5  465.5  1,232.6  1,206.3 
Interest expense, net 33.4  38.1  99.4  113.1 
Other expense, net 0.2  0.1  0.2  0.8 
Income before income taxes $ 276.9  $ 427.3  $ 1,133.0  $ 1,092.4 
  As of
  October 30, January 30, October 31,
(in millions) 2021 2021 2020
Condensed Consolidated Balance Sheet Data:
Goodwill:
Dollar Tree $ 425.8  $ 424.9  $ 423.6 
Family Dollar 1,559.5  1,559.5  1,559.5 
Consolidated Goodwill $ 1,985.3  $ 1,984.4  $ 1,983.1 
Total assets:
Dollar Tree $ 8,954.7  $ 8,669.3  $ 8,467.4 
Family Dollar 11,869.8  11,562.2  11,703.0 
Corporate, support and Other 565.5  464.5  481.8 
Consolidated Total assets $ 21,390.0  $ 20,696.0  $ 20,652.2 
Disaggregation of Revenue
The following table summarizes net sales by merchandise category for our segments:
  13 Weeks Ended 39 Weeks Ended
  October 30, October 31, October 30, October 31,
(in millions) 2021 2020 2021 2020
Dollar Tree segment net sales by
    merchandise category:
Consumable $ 1,563.0  45.7  % $ 1,564.1  47.4  % $ 4,671.4  46.7  % $ 4,778.8  50.0  %
Variety 1,596.3  46.7  % 1,520.9  46.0  % 4,961.5  49.6  % 4,473.0  46.8  %
Seasonal 258.1  7.6  % 218.2  6.6  % 370.1  3.7  % 305.8  3.2  %
Total Dollar Tree segment net sales $ 3,417.4  100.0  % $ 3,303.2  100.0  % $ 10,003.0  100.0  % $ 9,557.6  100.0  %
Family Dollar segment net sales by
    merchandise category:
Consumable $ 2,359.4  78.7  % $ 2,255.7  78.5  % $ 7,065.3  76.6  % $ 7,077.5  77.1  %
Home products 228.7  7.6  % 240.1  8.3  % 777.0  8.4  % 802.7  8.7  %
Apparel and accessories 178.3  6.0  % 157.4  5.5  % 592.4  6.4  % 517.8  5.6  %
Seasonal and electronics 231.6  7.7  % 220.3  7.7  % 794.7  8.6  % 785.5  8.6  %
Total Family Dollar segment net sales $ 2,998.0  100.0  % $ 2,873.5  100.0  % $ 9,229.4  100.0  % $ 9,183.5  100.0  %