Food Sales Boost Dollar Tree Q3

CHESAPEAKE, Va. — Dollar Tree here on Thursday said net earnings improved by 6.5% on a 4.8% increase in comparable-store sales during the third quarter, which ended Oct. 29.

The comparable sales boost — on top of an 8.7% gain in the same period a year ago —was driven by increases in both traffic (3.4%) and average ticket (1.4%). Total sales increased 11.9% to $1.6 billion, while earnings totaled $104.5 million. Operating margin increased 40 basis points

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