Dollar Tree Reports Sales, Margins Boost in 4Q

A focus on cost control and efficiency led to higher quarterly gross margins for Dollar Tree Stores, helping the discounter improve profits despite a slow holiday sales season and reduced store traffic.

CHESAPEAKE, Va. — A focus on cost control and efficiency led to higher quarterly gross margins for Dollar Tree Stores, helping the discounter here improve profits despite a slow holiday sales season and reduced store traffic. Gross margins as a percentage of sales increased 10 basis points in the 13-week quarter, which ended Feb. 2, to 35.8%, officials said. Net profit of $94.7 million was down from the 14-week fourth quarter of 2007, but when adjusted for the extra week it improved by 17%,

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