Segments and Disaggregated Revenue (Tables)

9 Months Ended

Nov. 02, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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				39 Weeks Ended
(in millions)	November 2, 2024		October 28, 2023		November 2, 2024		October 28, 2023
Condensed Consolidated Income Statement Data (Unaudited):
Net sales:
Dollar Tree	$	4,338.0	$	4,003.8	$	12,569.1	$	11,808.9
Family Dollar	3,223.7		3,305.3		9,991.7		10,139.8
Consolidated net sales	$	7,561.7	$	7,309.1	$	22,560.8	$	21,948.7
Gross profit:
Dollar Tree	$	1,534.1	$	1,393.8	$	4,401.9	$	4,075.7
Family Dollar	803.3		779.2		2,497.7		2,462.4
Consolidated gross profit	$	2,337.4	$	2,173.0	$	6,899.6	$	6,538.1
Operating income (loss):
Dollar Tree	$	465.2	$	482.7	$	1,329.5	$	1,416.2
Family Dollar	1.6		(66.3)		23.9		(45.7)
Corporate, support and other	(133.4)		(114.7)		(396.3)		(361.3)
Consolidated operating income	333.4		301.7		957.1		1,009.2
Interest expense, net	27.5		30.4		80.8		80.5
Other expense, net	0.1		0.2		0.2		0.2
Income before income taxes	$	305.8	$	271.1	$	876.1	$	928.5

	As of
(in millions)	November 2, 2024		February 3, 2024		October 28, 2023
Condensed Consolidated Balance Sheet Data (Unaudited):
Goodwill:
Dollar Tree	$	422.3	$	423.3	$	422.4
Family Dollar	490.5		490.5		1,559.5
Consolidated goodwill	$	912.8	$	913.8	$	1,981.9
Total assets:
Dollar Tree	$	11,695.2	$	10,315.9	$	10,095.0
Family Dollar	10,816.1		11,037.0		13,303.7
Corporate, support and other	821.5		670.6		632.5
Consolidated total assets	$	23,332.8	$	22,023.5	$	24,031.2

Disaggregation of Revenue

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

	13 Weeks Ended								39 Weeks Ended
(in millions)	November 2, 2024				October 28, 2023				November 2, 2024				October 28, 2023
Dollar Tree segment net sales by     merchandise category:
Consumable	$	2,164.0	49.9	%	$	1,939.3	48.4	%	$	6,314.4	50.2	%	$	5,707.4	48.3	%
Variety	1,846.6		42.6	%	1,745.5		43.6	%	5,746.7		45.7	%	5,590.9		47.4	%
Seasonal	327.4		7.5	%	319.0		8.0	%	508.0		4.1	%	510.6		4.3	%
Total Dollar Tree segment net sales	$	4,338.0	100.0	%	$	4,003.8	100.0	%	$	12,569.1	100.0	%	$	11,808.9	100.0	%
Family Dollar segment net sales by     merchandise category:
Consumable	$	2,638.8	81.9	%	$	2,711.0	82.0	%	$	8,086.2	80.9	%	$	8,166.4	80.5	%
Home products	207.7		6.4	%	214.7		6.5	%	638.1		6.4	%	677.2		6.7	%
Apparel and accessories	154.8		4.8	%	156.5		4.7	%	486.9		4.9	%	494.1		4.9	%
Seasonal and electronics	222.4		6.9	%	223.1		6.8	%	780.5		7.8	%	802.1		7.9	%
Total Family Dollar segment net sales	$	3,223.7	100.0	%	$	3,305.3	100.0	%	$	9,991.7	100.0	%	$	10,139.8	100.0	%