Dollar Tree, Inc.: Dollar Tree is a public discount-variety retailer headquartered in Chesapeake, Virginia. After completing the sale of Family Dollar in July 2025, the company is focused on the Dollar Tree banner, with 9,282 stores as of January 31, 2026 and $19.4 billion in fiscal 2025 revenue from continuing operations.
Dollar Tree, Inc.: Key Facts
| Company Name | Dollar Tree, Inc. |
|---|---|
| Founded | 1986 |
| Founder(s) | J. Perry Smith, Macon Brock, Ray Compton |
| Headquarters | Chesapeake, Virginia |
| Industry | Discount Retail and Variety Stores |
| CEO | Michael C. Creedon Jr. |
| Employees | 153,032 |
| Revenue (FY2025) | $19.4B |
| Net Income (FY2025) | $1.3B |
| Stock Symbol | DLTR (NASDAQ) |
What Does Dollar Tree Do?
Dollar Tree sells low-price consumables, household products, seasonal goods, party supplies, snacks, health and beauty items, toys, crafts, and other variety merchandise through its Dollar Tree stores. The company uses a multi-price architecture anchored by the familiar $1.25 price point, with expanded $3, $5, $7, and higher price points that give the chain more assortment flexibility.
Fiscal 2025 marked the company's first full-year profile as a cleaner Dollar Tree-banner business. Dollar Tree reported $19.412 billion in total revenue, $19.396 billion in net sales, and $1.283 billion in net income from continuing operations.
How Did Dollar Tree Start?
The company began in 1986 as Only $1.00, founded by J. Perry Smith, Macon Brock, and Ray Compton. The business grew around the simplicity of a fixed low price, expanded through the 1993 Dollar Bill's acquisition, and went public in 1995. Dollar Tree later acquired Family Dollar in 2015, but that integration added years of complexity and strategic distraction.
In July 2025, Dollar Tree completed the sale of Family Dollar for a base purchase price of about $1.0 billion. The divestiture returned management attention to the Dollar Tree banner, multi-price merchandising, store productivity, and supply-chain modernization.
How Does Dollar Tree Make Money?
Dollar Tree makes money through high-volume store sales, direct importing, private-label and seasonal buying, and frequent customer trips. Its current growth strategy is built around expanding multi-price assortments, opening and improving stores, using delivery partnerships, and tightening distribution and inventory execution.
What Are Dollar Tree's Biggest Risks?
The company faces intense competition from Dollar General, Walmart, Target, Five Below, off-price retailers, grocery chains, and local value merchants. Tariffs, freight costs, wages, inventory shrink, and the challenge of preserving value perception while expanding price points are the main operating risks.