| 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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39 Weeks Ended |
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October 29, |
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October 30, |
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October 29, |
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October 30, |
| (in millions) |
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2022 |
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2021 |
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2022 |
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2021 |
| Condensed Consolidated Income Statement Data: |
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| Net sales: |
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| Dollar Tree |
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$ |
3,756.1 |
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$ |
3,417.4 |
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$ |
11,109.0 |
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$ |
10,003.0 |
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| Family Dollar |
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3,180.5 |
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2,998.0 |
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9,493.0 |
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9,229.4 |
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| Consolidated Net sales |
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$ |
6,936.6 |
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$ |
6,415.4 |
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$ |
20,602.0 |
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$ |
19,232.4 |
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| Gross profit: |
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| Dollar Tree |
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$ |
1,328.3 |
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$ |
1,031.1 |
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$ |
4,197.9 |
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$ |
3,207.1 |
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| Family Dollar |
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743.2 |
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732.6 |
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2,338.5 |
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2,381.7 |
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| Consolidated Gross profit |
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$ |
2,071.5 |
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$ |
1,763.7 |
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$ |
6,536.4 |
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$ |
5,588.8 |
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| Operating income (loss): |
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| Dollar Tree |
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$ |
499.7 |
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$ |
290.5 |
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$ |
1,814.7 |
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$ |
1,019.2 |
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| Family Dollar |
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(18.4) |
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88.6 |
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126.1 |
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456.3 |
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| Corporate, support and Other |
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(100.0) |
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(68.6) |
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(322.6) |
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(242.9) |
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| Consolidated Operating income |
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381.3 |
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310.5 |
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1,618.2 |
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1,232.6 |
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| Interest expense, net |
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32.7 |
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33.4 |
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97.3 |
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99.4 |
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| Other expense, net |
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0.2 |
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0.2 |
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0.3 |
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0.2 |
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| Income before income taxes |
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$ |
348.4 |
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$ |
276.9 |
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$ |
1,520.6 |
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$ |
1,133.0 |
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As of |
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October 29, |
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January 29, |
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October 30, |
| (in millions) |
|
2022 |
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2022 |
|
2021 |
| Condensed Consolidated Balance Sheet Data: |
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| Goodwill: |
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| Dollar Tree |
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$ |
422.9 |
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$ |
424.9 |
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$ |
425.8 |
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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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$ |
1,982.4 |
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$ |
1,984.4 |
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$ |
1,985.3 |
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| Total assets: |
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| Dollar Tree |
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$ |
9,785.2 |
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$ |
9,358.4 |
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$ |
8,954.7 |
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| Family Dollar |
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12,631.1 |
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11,871.8 |
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11,869.8 |
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| Corporate, support and Other |
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493.2 |
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491.6 |
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565.5 |
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| Consolidated Total assets |
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$ |
22,909.5 |
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$ |
21,721.8 |
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$ |
21,390.0 |
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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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39 Weeks Ended |
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October 29, |
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October 30, |
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October 29, |
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October 30, |
| (in millions) |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
Dollar Tree segment net sales by
merchandise category: |
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| Consumable |
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$ |
1,735.5 |
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46.2 |
% |
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$ |
1,563.0 |
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45.7 |
% |
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$ |
5,154.6 |
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46.4 |
% |
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$ |
4,671.4 |
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46.7 |
% |
| Variety |
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1,708.3 |
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45.5 |
% |
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1,596.3 |
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46.7 |
% |
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5,465.6 |
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49.2 |
% |
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4,961.5 |
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49.6 |
% |
| Seasonal |
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312.3 |
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8.3 |
% |
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258.1 |
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7.6 |
% |
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488.8 |
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4.4 |
% |
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370.1 |
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3.7 |
% |
| Total Dollar Tree segment net sales |
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$ |
3,756.1 |
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100.0 |
% |
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$ |
3,417.4 |
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100.0 |
% |
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$ |
11,109.0 |
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100.0 |
% |
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$ |
10,003.0 |
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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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$ |
2,515.8 |
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79.1 |
% |
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$ |
2,359.4 |
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78.7 |
% |
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$ |
7,417.9 |
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78.1 |
% |
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$ |
7,065.3 |
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76.6 |
% |
| Home products |
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238.5 |
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7.5 |
% |
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228.7 |
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7.6 |
% |
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720.7 |
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7.6 |
% |
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777.0 |
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8.4 |
% |
| Apparel and accessories |
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181.4 |
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5.7 |
% |
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178.3 |
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6.0 |
% |
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540.7 |
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5.7 |
% |
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592.4 |
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6.4 |
% |
| Seasonal and electronics |
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244.8 |
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7.7 |
% |
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231.6 |
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7.7 |
% |
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813.7 |
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8.6 |
% |
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794.7 |
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8.6 |
% |
| Total Family Dollar segment net sales |
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$ |
3,180.5 |
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100.0 |
% |
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$ |
2,998.0 |
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100.0 |
% |
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$ |
9,493.0 |
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100.0 |
% |
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$ |
9,229.4 |
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100.0 |
% |
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