Dollar Tree, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Earnings Per Share

Earnings Per Share

3 Months Ended

May 02, 2026

The following table sets forth the calculations of basic and diluted earnings per share:


	13 Weeks Ended
(in millions, except per share data)	May 2, 2026		May 3, 2025
Numerator:
Income from continuing operations	$	347.3	$	313.5
Income from discontinued operations, net of tax	—		29.9
Net income	$	347.3	$	343.4

Denominator:
Weighted average number of shares outstanding	196.8		213.6
Dilutive impact of share-based awards (as determined by applying the treasury stock method)	0.6		0.3
Weighted average number of shares and dilutive potential shares outstanding	197.4		213.9

Basic earnings per share of common stock:
Continuing operations	$	1.76	$	1.47
Discontinued operations	—		0.14
Total basic earnings per share of common stock	$	1.76	$	1.61

Diluted earnings per share of common stock:
Continuing operations	$	1.76	$	1.47
Discontinued operations	—		0.14
Total diluted earnings per share of common stock	$	1.76	$	1.61

Share-based awards of 2.3 million shares and 2.6 million shares were excluded from the calculation of diluted net income per share for the 13 weeks ended May 2, 2026 and May 3, 2025, respectively, because their inclusion would be anti-dilutive.