Segments and Disaggregated Revenue (Tables)

3 Months Ended

Apr. 29, 2023

Information for our segments, as well as for Corporate, support and Other, including the reconciliation to Income before income taxes, is as follows:


	13 Weeks Ended
(in millions)	April 29, 2023		April 30, 2022
Condensed Consolidated Income Statement Data:
Net sales:
Dollar Tree	$	3,931.7	$	3,781.8
Family Dollar	3,387.8		3,118.3
Consolidated Net sales	$	7,319.5	$	6,900.1

Gross profit:
Dollar Tree	$	1,388.6	$	1,534.7
Family Dollar	841.8		805.8
Consolidated Gross profit	$	2,230.4	$	2,340.5

Operating income (loss):
Dollar Tree	$	535.7	$	764.2
Family Dollar	8.8		89.5
Corporate, support and Other	(124.8)		(122.2)
Consolidated Operating income	419.7		731.5
Interest expense, net	25.9		34.0
Other expense, net	0.1		—
Income before income taxes	$	393.7	$	697.5


	As of
(in millions)	April 29, 2023		January 28, 2023		April 30, 2022
Condensed Consolidated Balance Sheet Data:
Goodwill:
Dollar Tree	$	423.1	$	423.6	$	424.8
Family Dollar	1,559.5		1,559.5		1,559.5
Consolidated Goodwill	$	1,982.6	$	1,983.1	$	1,984.3

Total assets:
Dollar Tree	$	9,799.6	$	9,914.6	$	9,801.9
Family Dollar	12,746.8		12,562.2		12,065.9
Corporate, support and Other	562.2		545.3		504.5
Consolidated Total assets	$	23,108.6	$	23,022.1	$	22,372.3

The following table summarizes net sales by merchandise category for our segments:


	13 Weeks Ended
(in millions)	April 29, 2023				April 30, 2022
Dollar Tree segment net sales by merchandise category:
Consumable	$	1,887.2	48.0	%	$	1,747.2	46.2	%
Variety	1,863.6		47.4	%	1,864.4		49.3	%
Seasonal	180.9		4.6	%	170.2		4.5	%
Total Dollar Tree segment net sales	$	3,931.7	100.0	%	$	3,781.8	100.0	%

Family Dollar segment net sales by merchandise category:
Consumable	$	2,713.5	80.1	%	$	2,435.1	78.1	%
Home products	239.5		7.1	%	248.1		7.9	%
Apparel and accessories	163.2		4.8	%	167.4		5.4	%
Seasonal and electronics	271.6		8.0	%	267.7		8.6	%
Total Family Dollar segment net sales	$	3,387.8	100.0	%	$	3,118.3	100.0	%