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Peer
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S&P
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S&P
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S&P
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DLTR
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Group
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500
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Mid-Cap
400
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Retail
Index
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EPS
Growth:
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2007
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13.0%
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-2.0%
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-18.8%
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-0.3%
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-3.6%
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3-year
AAGR (2004-2007)
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9.8%
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1.7%
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4.2%
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8.6%
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9.6%
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5-year
AAGR (2002-2007)
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9.1%
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6.5%
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19.1%
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21.8%
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15.4%
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Revenue
Growth:
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2007
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6.9%
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1.1%
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7.6%
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12.3%
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4.2%
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3-year
AAGR (2004-2007)
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10.7%
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5.4%
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9.2%
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11.7%
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10.8%
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5-year
AAGR (2002-2007)
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12.7%
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6.7%
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8.7%
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9.5%
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11.2%
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2007
results:
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Return
on Invested Capital *
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16.3%
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7.6%
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5.8%
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6.3%
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11.6%
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Return
on Equity *
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20.4%
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15.9%
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12.8%
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10.5%
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17.5%
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Operating
Profit Margin
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7.8%
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4.5%
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16.9%
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10.0%
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7.76%
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*Based
on 2007 Invested Capital and 2007 Equity
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Source:
Standard & Poor’s research
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·
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Dollar
Tree has grown steadily for 22 years, from six stores in 1986 to a
nationwide chain of 3,474 stores
today.
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·
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Revenue
and earnings per share have increased in each of the past ten years, with
revenue growing from $1 billion in 1998 to more than $4 billion in 2007,
and EPS increasing from $0.71 in 1998 to $2.09 in
2007.
|
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·
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The
company invested with foresight to build a solid and scalable
infrastructure. Between 1998 and 2004 the company built a
network of nine distribution centers. That network positioned
the company for growth and facilitated improved distribution efficiency in
an era of rising fuel prices.
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·
|
Dollar
Tree has been a prudent manager of capital. The company has
generated significant cash flow and has used its cash to grow the business
and build value for long-term shareholders. Over the past three
years the company has invested more than $900 million to repurchase 28.6
million shares without increasing long-term
debt.
|