| 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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April 30, |
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May 1, |
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| (in millions) |
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2022 |
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2021 |
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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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$ |
3,781.8 |
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$ |
3,321.3 |
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| Family Dollar |
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3,118.3 |
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3,155.5 |
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| Consolidated Net sales |
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$ |
6,900.1 |
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$ |
6,476.8 |
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13 Weeks Ended |
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April 30, |
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May 1, |
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| (in millions) |
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2022 |
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2021 |
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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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$ |
1,534.7 |
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$ |
1,118.3 |
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| Family Dollar |
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805.8 |
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845.8 |
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| Consolidated Gross profit |
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$ |
2,340.5 |
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$ |
1,964.1 |
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| Operating income (loss): |
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| Dollar Tree |
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$ |
764.2 |
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$ |
400.3 |
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| Family Dollar |
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89.5 |
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211.4 |
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| Corporate, support and Other |
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(122.2) |
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(91.8) |
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| Consolidated Operating income |
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731.5 |
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519.9 |
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| Interest expense, net |
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34.0 |
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33.0 |
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| Income before income taxes |
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$ |
697.5 |
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$ |
486.9 |
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As of |
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April 30, |
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January 29, |
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May 1, |
| (in millions) |
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2022 |
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2022 |
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2021 |
| Condensed Consolidated Balance Sheet Data: |
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| Goodwill: |
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| Dollar Tree |
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$ |
424.8 |
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$ |
424.9 |
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$ |
426.1 |
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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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$ |
1,984.3 |
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$ |
1,984.4 |
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$ |
1,985.6 |
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| Total assets: |
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| Dollar Tree |
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$ |
9,801.9 |
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$ |
9,358.4 |
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$ |
8,963.8 |
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| Family Dollar |
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12,065.9 |
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11,871.8 |
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11,611.0 |
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| Corporate, support and Other |
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504.5 |
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491.6 |
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475.9 |
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| Consolidated Total assets |
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$ |
22,372.3 |
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$ |
21,721.8 |
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$ |
21,050.7 |
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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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April 30, |
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May 1, |
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| (in millions) |
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2022 |
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2021 |
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Dollar Tree segment net sales by
merchandise category: |
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| Consumable |
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$ |
1,747.2 |
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46.2 |
% |
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$ |
1,584.3 |
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47.7 |
% |
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| Variety |
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1,864.4 |
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49.3 |
% |
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1,627.4 |
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49.0 |
% |
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| Seasonal |
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170.2 |
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4.5 |
% |
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109.6 |
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3.3 |
% |
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| Total Dollar Tree segment net sales |
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$ |
3,781.8 |
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100.0 |
% |
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$ |
3,321.3 |
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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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$ |
2,435.1 |
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78.1 |
% |
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$ |
2,373.5 |
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75.2 |
% |
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| Home products |
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248.1 |
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7.9 |
% |
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301.0 |
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9.5 |
% |
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| Apparel and accessories |
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167.4 |
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5.4 |
% |
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205.2 |
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6.5 |
% |
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| Seasonal and electronics |
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267.7 |
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8.6 |
% |
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275.8 |
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8.8 |
% |
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| Total Family Dollar segment net sales |
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$ |
3,118.3 |
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100.0 |
% |
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$ |
3,155.5 |
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100.0 |
% |
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