| 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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| (in millions) |
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May 4, 2024 |
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April 29, 2023 |
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Condensed Consolidated Income Statement Data (Unaudited): |
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| Net sales: |
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| Dollar Tree |
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$ |
4,165.6 |
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$ |
3,931.7 |
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| Family Dollar |
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3,460.8 |
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3,387.8 |
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Consolidated net sales |
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$ |
7,626.4 |
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$ |
7,319.5 |
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| Gross profit: |
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| Dollar Tree |
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$ |
1,476.5 |
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$ |
1,388.6 |
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| Family Dollar |
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871.2 |
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841.8 |
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Consolidated gross profit |
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$ |
2,347.7 |
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$ |
2,230.4 |
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| Operating income (loss): |
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| Dollar Tree |
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$ |
522.3 |
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$ |
535.7 |
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| Family Dollar |
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36.9 |
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8.8 |
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Corporate, support and other |
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(138.6) |
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(124.8) |
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Consolidated operating income |
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420.6 |
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419.7 |
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| Interest expense, net |
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24.4 |
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25.9 |
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| Other expense, net |
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0.1 |
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0.1 |
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| Income before income taxes |
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$ |
396.1 |
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$ |
393.7 |
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As of |
| (in millions) |
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May 4, 2024 |
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February 3, 2024 |
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April 29, 2023 |
Condensed Consolidated Balance Sheet Data (Unaudited): |
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| Goodwill: |
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| Dollar Tree |
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$ |
422.8 |
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$ |
423.3 |
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$ |
423.1 |
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| Family Dollar |
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490.5 |
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490.5 |
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1,559.5 |
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Consolidated goodwill |
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$ |
913.3 |
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$ |
913.8 |
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$ |
1,982.6 |
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| Total assets: |
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| Dollar Tree |
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$ |
10,368.1 |
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$ |
10,315.9 |
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$ |
9,799.6 |
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| Family Dollar |
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10,928.5 |
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11,037.0 |
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12,746.8 |
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Corporate, support and other |
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813.6 |
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670.6 |
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562.2 |
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Consolidated total assets |
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$ |
22,110.2 |
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$ |
22,023.5 |
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$ |
23,108.6 |
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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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| (in millions) |
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May 4, 2024 |
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April 29, 2023 |
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Dollar Tree segment net sales by
merchandise category: |
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| Consumable |
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$ |
2,092.0 |
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50.2 |
% |
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$ |
1,887.2 |
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48.0 |
% |
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| Variety |
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1,908.0 |
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45.8 |
% |
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1,863.6 |
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47.4 |
% |
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| Seasonal |
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165.6 |
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4.0 |
% |
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180.9 |
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4.6 |
% |
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| Total Dollar Tree segment net sales |
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$ |
4,165.6 |
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100.0 |
% |
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$ |
3,931.7 |
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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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$ |
2,794.7 |
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80.8 |
% |
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$ |
2,713.5 |
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80.1 |
% |
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| Home products |
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227.2 |
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6.6 |
% |
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239.5 |
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7.1 |
% |
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| Apparel and accessories |
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164.3 |
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4.7 |
% |
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163.2 |
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4.8 |
% |
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| Seasonal and electronics |
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274.6 |
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7.9 |
% |
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271.6 |
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8.0 |
% |
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| Total Family Dollar segment net sales |
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$ |
3,460.8 |
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100.0 |
% |
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$ |
3,387.8 |
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100.0 |
% |
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