Dollar Tree, one of the largest discount retailers in the United States, has announced that it is closing 75 stores. But there is a twist in it. Another 400 new stores are opening under the same brand name.
These are not the only changes. “The retailer opened 113 stores during the first quarter, bringing its total presence to 9,382 locations. United States of America and Canada by May 2,” fox business informed On July 19, 2026. “Dollar Tree converted or added approximately 630 stores to its multi-price format during the quarter. Approximately 5,900 locations now sell products at a variety of price points.”
Dollar Tree announced Store closings and openings in its latest earnings statement revealed it expects “approximately 400 new store openings and 75 closures” in fiscal 2026. “The company expects net sales from continuing operations for the second quarter to be $4.8 billion to $4.9 billion, based on comparable store net sales growth in the range of 2.5% to 3.5%,” the statement said.
Dollar Tree is expecting billions of dollars in sales as it expands its ‘overall footprint’
In the story of July 19, 2026, fox businessinformed of That Dollar Tree “plans to close dozens of stores across the country this year while continuing to expand its overall footprint.” according to yahoo financeIt is unclear where the stores are located. The company is based in Chesapeake, VA.
The first quarter ended May 2 and the company released the figures in its earnings statement May 28. The company revealed that, for fiscal year 2026, it is expecting sales in the billions of dollars, writing, “Net sales from continuing operations in the range of $20.5 billion to $20.7 billion, based on comparable store net sales growth in the range of 3% to 4%.”
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What are the projections for the second quarter? “The company expects net sales from continuing operations in the second quarter to be between $4.8 billion and $4.9 billion, based on comparable store net sales growth in the range of 2.5% to 3.5%,” Dollar Tree said. “Adjusted diluted EPS for second quarter 2026 is estimated to be between $1.00 to $1.15.”
Dollar Tree CEO says company’s strength is in ‘value, convenience and discovery’
The company’s CEO has emphasized the strength of Dollar Tree. “Our first quarter results reflect continued progress across the business and the strength of Dollar Tree’s position as the destination of choice for value, convenience and discovery,” Chief Executive Officer Mike Creedon said in a Dollar Tree statement in May.
“We continue to advance our strategic plan – developing new stores with a more relevant assortment, agile cost management, a stronger customer connection, and improved store conditions – all of which deliver operating margin expansion and a strong bottom-line performance. As we celebrate our 40th anniversary in 2026, we are encouraged by the progress we are seeing in the business and are focused on making thoughtful investments in our stores, assortment and customer experience – supporting Dollar Tree for decades to come. are building.”
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